$PHA Many people mistake the single-day surge that approaches 80% as nothing more than a pure emotional bubble—always ready to time the top and go short. But if we break down the recent active order flow data, we’ll find that bullish momentum isn’t that simple. I choose to go long: in the past 24 hours, it has surged nonstop and topped the gainers list. Behind the scenes, the buy-side has quietly completed a reversal.

As the execution layer for Web3 AI, PHA’s core is to provide AI Agent smart contracts, which deeply aligns with the current market’s extremely hot AI narrative.

The key still comes down to contract funds. The Taker buy/sell ratio shows a clear bullish inflow trend: over the last 72 hours, it remains in a net-outflow state with a ratio of 0.977. But within the last 24 hours, it has reversed to 1.016, and recently even the past 1 hour has continued rising to 1.0497. Strong capital inflows resonating with the popular narrative support the upside momentum in the short term.

Now let’s look at the technicals. The current price is in a bullish trend. The 24-hour support level lies at 0.03532. However, there is an extremely high risk that must be faced: the current price is as high as 0.063830. Not only is it extremely close to the key resistance at 0.06642, but it also deviates significantly from the 1-hour SMA20 line (0.041779). The large intraday rally has accumulated a massive amount of profit-taking sell pressure, and a strong technical pullback demand is always on the table. Before any breakout, it is easy for violent consolidation to occur. Avoid blind FOMO and chasing with heavy positions.

Based on all the data above, I would enter a small long position in the 0.062873 - 0.064149 price range, but the prerequisite is that the Taker buy-side does not experience a cliff-like drop that turns the ratio from positive to negative. Stop loss: 0.060043. First target: 0.068192. Second target: 0.070446.

The above is purely my personal opinion. I share trading insights every day—feel free to follow and connect for discussion.