📈LONG: $PHB (4H)

#PHBUSDT | #PHB | #Phoenix

Current Price $1.24

Market Cap $63.76M

Change 1h +0.92% | 24h +2.14%

Analysis:

PHB/USDT faced rejection at the diagonal trendline on the 4-hour chart. The plan is to wait for a breakout and retest before considering a long position. Key resistance is at $1.51 and support is at $1.2063.

Price Targets:

Upon a successful breakout, look for price targets around $1.51 for resistance. If it holds above this level, aim higher. If it drops, support near $1.2063 could be retested.

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