$PHA is showing strong short-term recovery signs after a volatile session. The current price is trading around 0.0403, posting a solid +6.33% move in the last 24 hours. After tapping the 0.0396 support zone, price reacted sharply upward, indicating active demand at lower levels. This move looks more like a technical bounce than random volatility.
On the 1H timeframe, the structure shows buyers stepping in after the pullback from 0.0435. Although price is consolidating now, recent candles suggest stabilization above the key intraday support. Momentum is cooling slightly, but the trend remains constructive as long as price holds above the demand zone.
Trade Setup
• Entry Zone: 0.0398 – 0.0405
• Target 1: 0.0420
• Target 2: 0.0435
• Target 3: 0.0450
• Stop Loss: 0.0389
A confirmed break and hold above 0.0420 with volume would signal continuation toward the previous high and possibly higher levels. Losing 0.0390 would weaken the bullish case and shift momentum back to sellers.
PHA
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