Analysis and Recommendation
$PHA /USDT - Prepare a Buy Order
Current Price: 0.1126
Highest Price in 24 Hours: 0.1134
Lowest Price in 24 Hours: 0.1021
Trading Volume in 24 Hours: 45.05 million USD (PHA)
Technical Analysis:
PHA has strongly rebounded from the support area at 0.1020, recording gains exceeding 6% over the past 24 hours. The price is stabilizing above 0.1110, indicating upward momentum. If buyers maintain control, the price is likely to continue towards 0.1169-0.1177.
Trading Setup:
Entry Area: 0.1115 - 0.1130
Stop Loss: Below 0.1075
Target 1: 0.1169 (Short-term Resistance)
Target 2: 0.1200 (Next Breakout Area)
Risk Management:
The risk ratio for each trade should be maintained at 1-2% of the total portfolio. A tight stop-loss should be placed to protect against any sudden drop.
Buy and Trade from Here
