Technical analysis indicates that PHB is currently undergoing a corrective phase. According to CCN, a continued downtrend is expected in the short term, with the price potentially reaching a support level of $0.45. However, PricePredictions forecasts the price may rise to around $0.653 by May 3, 2025, indicating potential price volatility.

Entry and Stop-Loss Levels

Given the current volatility, traders are advised to exercise caution. A level of $0.60 may be suitable for entry, with a stop-loss set at $0.55 to mitigate risks. Should the price surpass the resistance level of $0.70, it may indicate the beginning of a new uptrend.

Medium to Long-Term Forecast

Forecasts suggest that the price of PHB may rise in the future. According to CoinCodex, the price could reach $1.82 in the next six months. CoinDataFlow also predicts the price will range between $0.55 and $1.26 by the end of 2025.

Conclusion

Currently, the market shows mixed signals for PHB. While some analyses indicate the possibility of continuing the downtrend in the short term, there are forecasts for a price increase in the medium to long term. Traders are advised to monitor key support and resistance levels and make informed decisions based on market movements.