PHB/BTC TA Update (New Market Structure?)

PHB/BTC

PHB broke a major support at 48 sats, that is not looking good in mid-term bullish plans.
This 48 sat area could turn into new resistance and PHB could face harsh rejection from it.
If PHB can't get pass through it, the tendency is a pullback to retest new Swing Low at 40 sats.
It is a major problem for bulls to get things back in the right direction.
Lots of works to be done and much longer accumulation will be made.