$PHAROS USDT is showing strong momentum today, up around 12%, but the current price near 0.4663 is sitting below the recent 0.5173 high, which suggests some profit-taking after the sharp move.
The 0.4530–0.4300 zone looks like the nearest support area. As long as PHAROS holds above it, buyers may attempt another push toward 0.4760, followed by 0.5000–0.5170.
A break below 0.4300 could weaken the bullish structure and open the way toward 0.4124.
For now, momentum remains bullish, but after such a strong move, waiting for support confirmation may be safer than chasing the price.
#USStrikesIranTankersTehranRestrictsHormuz
The 0.4530–0.4300 zone looks like the nearest support area. As long as PHAROS holds above it, buyers may attempt another push toward 0.4760, followed by 0.5000–0.5170.
A break below 0.4300 could weaken the bullish structure and open the way toward 0.4124.
For now, momentum remains bullish, but after such a strong move, waiting for support confirmation may be safer than chasing the price.
#USStrikesIranTankersTehranRestrictsHormuz
