๐ก Quick technical analysis:
โ Surprise breakout from the bottom! After a long consolidation around $0.1174, PHA surged strongly to reach $0.1270 (+5.83%), indicating a clear break from the previous stagnation.
โ RSI is on fire!
RSI (6): at 89.92 โ indicating that the stock has entered the overbought zone, but in cases of high momentum, the upward wave may continue before any correction!
โ Positive MACD indicator!
A clear upward crossover with DIF and MACD lines remaining above zero, reinforcing the expectation of continued upward momentum.
โ Explosion in trading volume!
Over 1 million in trading volume with a noticeable increase in green candles โ an indication of new speculative capital entering.
$PHA
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๐ Expected scenario:
๐ If we break the resistance at $0.1271, we may witness a new launch towards $0.1330 and possibly a retest of the previous peak at $0.1430!
๐ In case of a correction, the area of $0.1215 - $0.1190 may form strong technical support and an opportunity for speculators to re-enter.
$PHA
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๐ฅ Is PHA ready for a new price explosion?!
With momentum signals, a sudden increase in volume, and positive crossover of indicators, the scene is set for a strong move โ the opportunity may not last long!
โก๏ธ Are you entering before the next jump?