$PHB Good breakthrough, is the phoenix ready to soar?
We observe the formation of a symmetrical triangle as illustrated by the blue lines.
This pattern usually reflects a consolidation phase in preparation for a breakout either upwards or downwards.
Price targets:
1. First resistance: 0.65 – 0.66 USDT
2. Short target: 0.72 USDT (near the 200 EMA average)
3. Medium target: 0.80 USDT
4. Long target: 0.90 – 1.00 USDT