#Phoenix - $PHB  - General Outlook

As in $ALCX , I looked at it for the first time because there was a request. The recent chart is a bit better and technically seems worked properly, but I still don't find it healthy since there were soo many wicks upward before Binance listing.

Those who stayed inside from the last season probably created selling pressure to get rid of what they had in every rise.

Since its market cap and daily trade volume are very low, it is very easily open to manipulation.

I wouldn't feel comfortable if I'm willing to hold for a long term before it breaches 1.025 and holds above it.

Green box is the last stop IMO since below it declines may deepen.