Phemex Analysis #33: Phemex Token Shows Strong Bullish Reversal!PHEMEX:PTUSDT.P (PT) reached a new all-time high of $1.45 on September 27th, 2024. However, a subsequent decline in Bitcoin's price dragged PT down to $1.12.
Recently, PT has exhibited two strong bullish reversal signals:
(I) Higher Low Formation: On October 23rd, PT formed a higher low at $1.18