$PHA For Phala Network (PHA), the current price at $0.1103 shows stable support, but recent market indicators are mixed. Phala's privacy-focused infrastructure and upcoming developments could attract interest, especially given the rising focus on privacy projects. However, short-term sentiment leans bearish due to lack of strong volume surges or significant price catalysts recently. PHA could dip if broader market conditions weaken.

Analysis Summary
- **Current Price**: $0.1103
- **Target Price**: $0.1080 (short-term bearish scenario)
- **Sell Price**: If price dips to $0.1050, consider selling to minimize losses.

Keep an eye on the $0.1080 level for support, but be prepared for price fluctuations around this range.
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$PHA (UPDATE) ✨

➡️In the 12-hour timeframe, $PHA is exhibiting a descending channel formation. An upside breakout could trigger a significant bullish wave.

Keep an eye on #PHAUSDT and #PHA for potential developments in the crypto market.

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$PYTH is not performing well in the current market conditions, moving towards the next 0.25$ support amid prevailing bearish trends. An expected reversal hints at its potential to take charge alongside $TIA in the next bull rally.
We've tracked 280% profit on it in the past.
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