PHB/USDT Keep an eye!! Success Reclaimed back and Bullish Moment

💎 PHB has recently experienced significant market dynamics. Currently, PHB has successfully reclaimed the price above the previous resistance area, which has now turned into a support level.

💎 The current phase involves retesting this support for a potential continuation of the upward movement, with the price probability resuming its climb toward the strong resistance area.

💎 However, if PHB fails to bounce from this support level, it could indicate a false breakout scenario. In such a case, the price would likely retreat back downwards, possibly towards the demand area.

💎 The demand area holds critical importance as it signifies a key level of support. A bounce from this area would be necessary to maintain the upward momentum. However, if PHB breaks below the demand area, it could signal a bearish momentum shift, with the price potentially falling towards the strong support area.

Trade closed: target reached:

Nailed it again - #PHB is up 130.2%, right on cue!