#PHA
The price is moving in a bearish channel pattern on a 12-hour frame,
which it adheres to perfectly.
We have stability above the moving average of 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 0.2444
The first target is 0.2724
The second target is 0.3228
The third target is 0.3650
◳◱ On the $PHA/ CRYPTOCAP:USDT chart, the Trendline Touch pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.1094 | 0.1151 | 0.1277 and support near 0.0968 | 0.0899 | 0.0773. Entering trades at 0.1098 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Phala Network
▣ Rank:...