Current setup: POWER is showing strong short-term momentum. Binance Futures data currently shows POWERUSDT around $0.1169, while other market feeds are showing prices in roughly the $0.10–$0.13 area, reflecting very high volatility.
📊 Technical view
Trend: 🟢 Short-term bullish
Momentum: Strong, but overheated after the recent surge
Resistance: $0.125 → $0.133 → $0.145
Support: $0.110 → $0.100 → $0.090
Major breakout: A sustained move above $0.133 could open the way toward $0.145–$0.160.
Bearish trigger: Losing $0.100 would weaken the setup and could bring $0.090–$0.085 into play.
CoinGecko currently reports POWER up about 58% over 7 days, with volume also sharply elevated, confirming the increased trading activity.
TradingView's current technical summary also rates the short-term setup as Buy, although its longer-term monthly signal remains much weaker.
🎯 Possible trading setup
Aggressive long: $0.110–$0.116
SL: $0.099
TP1: $0.125
TP2: $0.133
TP3: $0.145–$0.160
⚠️ Risk: POWER is extremely volatile after its recent pump, so chasing a vertical candle is risky. Wait for a pullback/retest rather than entering after a sudden spike.
Bias: 🟢 Bullish above $0.110 | 🔴 Bearish below $0.100
#power #AnthropicCEOCallsForAISlowdown #AnthropicChoosesNasdaqForPotentialIPO #SECReceivesGrayscaleLitecoinTrustETFFiling #levelsabovemagical
$POWER
$LSK
$NVDAB
📊 Technical view
Trend: 🟢 Short-term bullish
Momentum: Strong, but overheated after the recent surge
Resistance: $0.125 → $0.133 → $0.145
Support: $0.110 → $0.100 → $0.090
Major breakout: A sustained move above $0.133 could open the way toward $0.145–$0.160.
Bearish trigger: Losing $0.100 would weaken the setup and could bring $0.090–$0.085 into play.
CoinGecko currently reports POWER up about 58% over 7 days, with volume also sharply elevated, confirming the increased trading activity.
TradingView's current technical summary also rates the short-term setup as Buy, although its longer-term monthly signal remains much weaker.
🎯 Possible trading setup
Aggressive long: $0.110–$0.116
SL: $0.099
TP1: $0.125
TP2: $0.133
TP3: $0.145–$0.160
⚠️ Risk: POWER is extremely volatile after its recent pump, so chasing a vertical candle is risky. Wait for a pullback/retest rather than entering after a sudden spike.
Bias: 🟢 Bullish above $0.110 | 🔴 Bearish below $0.100
#power #AnthropicCEOCallsForAISlowdown #AnthropicChoosesNasdaqForPotentialIPO #SECReceivesGrayscaleLitecoinTrustETFFiling #levelsabovemagical
$POWER
$LSK
$NVDAB