$PHB/USDT – Breakthrough Resistance, Price Momentum is Accelerating! 🚀

$PHB has just recorded an impressive surge as it surpassed the strong resistance area around 0.590 USDT. This is a signal indicating that buying pressure is returning to the market and the bulls are regaining control of the short-term trend. This breakthrough not only carries technical value but also instills strong confidence in investors about the potential for continued upward movement in the near future.

✅ Market Developments

• After several accumulation phases around the short-term bottom, PHB has gathered enough momentum to break through the key resistance level.

• Trading volume has increased, indicating that capital is flowing in and buyers are ready to absorb any corrective movements.

• The price is maintaining well above the breakout area, reinforcing the potential to reach higher levels.

🔥 Reference Trading Strategy

• Entry Zone: 0.590 – 0.600 USDT

• Target: 10.615 USDT

• Target: 20.630 USDT

• Target: 30.650 USDT

• Stop-loss: 0.575 USDT

🎯 Trend Assessment

If PHB continues to hold above 0.590 and establishes solid support here, the upward momentum could extend to the target area of 0.630 – 0.650, where significant selling pressure had previously concentrated. Any retest around the 0.590 – 0.600 area could present a great opportunity to enter a trend-following position.