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$PHA IN ROCKET MODE: UP MORE THAN +37% WITH EXPLOSIVE VOLUME!
The Phala Network token (
$PHA /USDT) has simply FIRED UP ITS ENGINES on Binance Futures, putting on one of the most impressive rallies of the day!
The asset climbed from around 0.04620 USDT and tore up the chart, reaching a high of 0.06954 USDT! That’s a gain of more than +37%, with insane volume topping 1.1 BILLION tokens traded in 24 hours!
📌 Explosion Breakdown:
⚡ Brutal Buying Pressure: On the 1-hour chart, $ PHA smashed through the 99-period moving average resistance (0.05163 USDT) with a vertical bullish candle!
🎯 Next Target: The price is currently consolidating around 0.06580 USDT. If volume keeps up at this pace and price breaks through the 0.06954 USDT resistance, the path is clear to test the 0.07500+ USDT mark!
🛡️ Key Support: To maintain its highly bullish short-term structure, $ PHA needs to defend the 0.06000 USDT area in the event of a pullback.
💬 Did you catch this $ PHA rally, or are you waiting for a pullback to get in?
Share your view below! 👇
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