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PHA Price at $0.1317 After 24.8% Weekly Gain, Eyes $0.1435 Resistance Following Liquidity Sweep to $0.147

PHA Price at $0.1317 After 24.8% Weekly Gain, Eyes $0.1435 Resistance Following Liquidity Sweep to $0.147

Cryptonewsland2025/08/23 19:35
By: by Vee Peninah
BTC-3.83%PHA-8.31%ETH-6.79%
  • PHA price stands at $0.1317 after a 24.8% weekly gain, extending to $0.1472 during its latest liquidity sweep.
  • The token holds support at $0.1146 while resistance has formed at $0.1435 within its 24-hour trading range.
  • PHA gained 3.4% against BTC and 4.2% against ETH, showing cross-market strength alongside its U.S. dollar pairing.

PHA has moved into a stronger position after recently tapping external liquidity zones. The token is now trading at $0.1317, following a 24.8% increase over the past seven days. This growth came after price action respected the one-day bullish order block, which initiated a demand reaction and pushed the market upward. PHA successfully swept buyside liquidity at $0.1216 and $0.1307 before extending further toward $0.1472. The expansion reached 40% of the projected target, highlighting the effectiveness of the latest range breakout.

Market Performance and Price Range

The token is now supported at the $0.1146 level, and buyers have intervened several times to settle price action in the short term. Currently, the level of resistance is seen at $0.1435, which completes the top of the latest consistent 24-hour trading range. It can be seen that prices continuously drifted within this window between lower levels driven by demand and higher levels as tested by liquidity opportunities, which demonstrates the role that traders played.

Compared to Bitcoin, PHA is priced at 0.051136 BTC, which translates to a 3.4 percent gain. Relative strength was also seen against Ethereum, with the token increasing to 0.00002777 ETH, which is a 4.2 percent growth. These cross-market comparisons reveal that the token continues to maintain momentum beyond its U.S. dollar pairing.

PHA Tests Liquidity Levels as Resistance Forms Near $0.1435

Following the liquidity run, PHA extended to $0.1472, where external liquidity was tapped. This level represented the cleanest expansion since the order block reaction, capturing the interest of both short-term traders and longer-term holders. However, the market soon consolidated below the high as resistance emerged near $0.1435.

$PHA played out perfectly.

Price respected the 1D bullish OB, triggered the demand reaction, and swept buyside liquidity at $0.1216 and $0.1307 ✅

Extended to $0.1472, tapping external liquidity, 40% target achieved with a clean range expansion. @PhalaNetwork pic.twitter.com/IJ0z8JKBKj

— Crypto Patel (@CryptoPatel) August 23, 2025

The progression from liquidity sweeps to external targets has reinforced the role of demand zones in maintaining structure. By triggering this movement, the market aligned with broader liquidity-driven setups and confirmed the strength of the current bullish reaction.

Support Retest and Market Focus

Despite encountering resistance, the $0.1146 support level has remained intact. Notably, price retracements have repeatedly respected this zone, preventing any extended downward move. With this base holding steady, participants are closely tracking upcoming retests to determine whether bullish continuation may remain supported.

In addition, the 24-hour trading structure shows consistent tests between liquidity pools and external points. This activity reflects balanced trading dynamics where both buy-side and sell-side liquidity remain in focus. As a result, the current market structure highlights an active interplay between expansion and defense, shaping short-term outlooks for the token.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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