Fundamental Part: Binance supported a Red Pulse Phoenix ($PHX) migration to the Binance Chain. Moreover, Binance exchange listed this token. As we know, Binance is on a good hype at the moment which makes these news very strong and positive.
Technical Part: There we can a strong ascending support and a weak (thin line) resistance that forms a triangle. Due to all mentioned reasons, volumes are increasing, which is also a quite sign.
All in all - good asset for buying.