PHA/BUSD { PHALA.NETWORK } - BULLISH SETUP

ANALYSIS 🔎
- PHA/BUSD is consolidating in a symmetrical triangle pattern.
- There's a breakout potential.

BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the symmetrical triangle's inclined resistance.
- Limit entry: test of the symmetrical triangle's inclined support.

TARGETS 🎯
- Horizontal resistance level (@0.9294).
- Horizontal resistance level (@0.9753).
- Horizontal resistance level (@1.0830).
- Fibonacci extension levels.

SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.