Technical analysis by Crypt0K3VIN about Symbol PHA: Buy recommendation (2/18/2025)

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.