The answer is in the other current Phalaenopsis thread, but note that the number of 'My Phalaenopsis needs help
threads" says something about the difficulty of growing them.
So, yes you can save it but only if you provide ideal growing conditions.
What are ideal growing conditions? Google Phalaenopsis growing or Phalaenopsis culture and find some complete culture notes that are written for the climate where you live.

Never a lost cause! Looking at your photos, I note that there are several healthy white roots sprouting. The leaves are dehydrated because they are not getting water because, as you well know, most of the roots rotted. I would suggest the following: pot in clean New Zealand Sphagnum moss if you can find it. Let them dry out between waterings so as to not dry out the roots. Make sure your pots have good drainage and DO NOT sit the pots in standing water. Water thoroughly at the sink when you water, drain completely and then let them go about a week before you rewater. You will notice that the pot gets lighter when the media has mostly dried out. Orchids are epiphytes so their roots need a lot of air. Most plant roots need air; however, orchids need more than most. Finally, until the roots get going, you will want to keep the humidity moderately high by, for example, placing the pots on a tray of moist gravel (but do not insert the pot into any standing water under the gravel). If you must mist, mist the gravel, not the plant. A ziplock bag, partly open at the top, will also help conserve humidity.

Note: I am a judge with the American Orchid Society and have been growing orchids for a really long time (more than I care to admit). I've also killed more than my share of Phals. The best way to kill a phal is: 1) standing water in the crown (major no no); or 2) soggy media at the roots (what your plants suffered from).

Good luck.
-A

Here is a link that might be useful: The Wayward Hawaiian

Thank you so much for taking the time to advise!

You are most welcome!

Here is a link that might be useful: The Wayward Hawaiian