$PHA Rockets +41%! Infrastructure Gainer Parabolic Rebound — Dynamic SAR Support at $0.0499 Targeting $0.0665 Peak Retest?
Demonstrating powerful bullish momentum in the Infrastructure gainer list on Binance,
$PHA (Phala Network) has launched a strong recovery surge, posting a +41.13% daily gain backed by an impressive 30.80M USDT (568.31M PHA) trading volume! After bouncing cleanly off its 0.0384 daily low, price action is accelerating past 0.0549 toward key overhead levels.
Trade Bias: Strong Bullish Continuation / Scalp Long
Entry Zone: 0.0515 – 0.0545 (Accumulate long positions near trailing SAR support floor)
Targets: 0.0585 ➡️ 0.0665 ➡️ 0.0740
Stop Loss: Below 0.0485
Technically, the 15m chart structure shows clear buyer dominance following a parabolic flip. Parabolic SAR trailing dots have locked in dynamic floor support at 0.0499, securing the recovery trend. Meanwhile, RSI (6) holds strong in the high-demand zone at 78.38, supported by fresh volume spikes. A decisive 15m candle close above 0.0555 will open the runway for a rapid retest of the 0.0665 peak 24h high.
Are you scalping this parabolic momentum... or waiting for a dip retest near 0.0520?
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