I did find a solution I did check between the psh.phar commands and found a storefront:hot-proxy command.
during execution I received the following error:
Browserslist: caniuse-lite is outdated. Please run:
npx browserslist@latest --update-db
So I installed the browserlist npm package,
updated it by running:
Browserslist: caniuse-lite is outdated. Please run:
npx browserslist@latest --update-db
And finally I executed the ./psh.phar storefront:hot-proxy successfully.