$PHA USDT is trading inside a tight corrective range after rejecting from the 0.0267–0.0268 supply zone and sweeping local demand at 0.02548. Price has stabilized around 0.0257–0.0259, forming a minor higher-low structure within the broader 0.0255–0.0263 band. Momentum is neutral with compression building between clearly defined intraday support and resistance.
Market Overview:
Intraday bias is neutral-to-bullish while PHA holds above 0.0255. The recent downside sweep into 0.02548 was quickly absorbed, indicating demand defense rather than breakdown. Current consolidation under 0.0263 suggests accumulation before a potential breakout attempt back toward 0.0268–0.0275 liquidity. Loss of 0.0255 would expose 0.0249 demand and extend the range.
Trade Plan:
EP: 0.02555–0.02585 range support zone
TP: 0.02695 first objective, 0.02785 extension
SL: 0.02505 below range invalidation
Outlook:
Holding above 0.0255 keeps recovery potential active with probability favoring a retest of 0.0263 resistance. Acceptance above that level would confirm range expansion into upper-0.027s. Loss of 0.0255 shifts bias back toward deeper range lows. This is a compression-and-break setup forming after a demand sweep and stabilization.
