Phala (PHA/USDT) Bullish Setup on the 1H Chart - Zoom out
Phala (PHA) is currently showing a promising bullish setup on the 1-hour chart. The price has been moving within an ascending channel recently, with clear signs of bullish momentum. Here are the key points indicating a potential rise:
If the bullish scenario plays out, traders could set profit targets around 0.30and $0.40. To manage risk, stop-loss orders can be placed below the rising support line or the most recent low, depending on individual risk tolerance.
If the bullish scenario plays out, traders could set profit targets around 0.30and $0.40. To manage risk, stop-loss orders can be placed below the rising support line or the most recent low, depending on individual risk tolerance.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.