Rescue Phal growing a spike already??

[Bribri]

I acquired this phal in early March. The roots were rotted and 2 small roots ended up staying. I have it sitting in a tupperware with some medium and mist the roots everyday. About 3 weeks ago, 2 of the bottom leaves turned yellow, I assume to use any energy it has to build roots.


A week ago I noticed 2 roots coming in:


Then I noticed this tonight, a new leaf at the top but what also looks like a spike in between the leaves. Isn't it in too much a fragile state to be putting out a spike?