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PHA's technical setup is currently quite interesting. Looking at the 3D chart of Phala Network, the falling wedge formation has been broken and is now being retested. This confirms that the breakout was not a false signal.
I think if this retest is successful, a good bounce could occur. Currently, the price is around $0.03, but if momentum continues, higher levels could be seen. First, we can target $0.050, and if that holds, $0.085 is also possible.
Other targets are further away — levels like $0.150, $0.250. But if this pattern develops correctly, these things are possible in the long term. For now, let's see how the retest performs.