$POWR Trading Setup: Breakout Retest or Another Rejection?
$POWR is showing strong momentum after a massive +31.19% 24H move, but the chart is now entering a critical decision zone.
Current price: 0.07142
24H high: 0.09147
Key support: 0.06839 — Supertrend level
Immediate resistance: 0.07463
Major resistance: 0.08413–0.09147
RSI: 56.4 — momentum has cooled from overbought territory
MACD: momentum is fading, so chasing the spike is risky
Bullish setup: If $POWR holds above 0.06839 and reclaims 0.07463 with strong volume, continuation toward 0.08413, followed by 0.08950–0.09147, becomes possible.
Bearish scenario: A clean 1H close below 0.06839 would weaken the structure and could send price toward 0.06513, with deeper support around 0.05563.
The key here is simple: don't chase the +31% pump. Watch 0.06839 support and 0.07463 resistance for confirmation.
#POWR #CryptoTrading #Altcoins #BinanceSquare #CryptoAnalysis
$POWR is showing strong momentum after a massive +31.19% 24H move, but the chart is now entering a critical decision zone.
Current price: 0.07142
24H high: 0.09147
Key support: 0.06839 — Supertrend level
Immediate resistance: 0.07463
Major resistance: 0.08413–0.09147
RSI: 56.4 — momentum has cooled from overbought territory
MACD: momentum is fading, so chasing the spike is risky
Bullish setup: If $POWR holds above 0.06839 and reclaims 0.07463 with strong volume, continuation toward 0.08413, followed by 0.08950–0.09147, becomes possible.
Bearish scenario: A clean 1H close below 0.06839 would weaken the structure and could send price toward 0.06513, with deeper support around 0.05563.
The key here is simple: don't chase the +31% pump. Watch 0.06839 support and 0.07463 resistance for confirmation.
#POWR #CryptoTrading #Altcoins #BinanceSquare #CryptoAnalysis