$PHA honestly doesn’t look strong right now.

Price is at 0.0258 and EMA 200 is sitting above at 0.0276 that means higher timeframe trend is still bearish. Every bounce is getting capped below that EMA. You can clearly see sellers stepping in around 0.0264–0.027 zone.

Right now it’s just moving inside a weak range after rejection. No real momentum.

If it reclaims 0.0276 and holds above it with volume, then we can expect a push toward 0.0285–0.029. But if 0.0255 breaks cleanly, it can drop toward 0.0247 or lower.

For now, this is not a breakout setup. It’s a wait-and-confirm chart.