$POWER upside momentum is breaking down fast, prime moment to open a short position right now.
Entry: 0.1630 - 0.1670
TPs: 0.1420 | 0.1250 | 0.1090
SL: Above 0.1820
Why Short?
POWER is experiencing a sharp downward correction after failing to maintain traction near the 0.20800 peak, currently trading around 0.16438. The MACD lines have crossed down deep into negative territory accompanied by active red histogram bars, and the hourly RSI sits subdued at 47.8, signaling that sellers are expanding their control and pointing toward a deeper slide down toward the 0.1354 local support floor.
Entry: 0.1630 - 0.1670
TPs: 0.1420 | 0.1250 | 0.1090
SL: Above 0.1820
Why Short?
POWER is experiencing a sharp downward correction after failing to maintain traction near the 0.20800 peak, currently trading around 0.16438. The MACD lines have crossed down deep into negative territory accompanied by active red histogram bars, and the hourly RSI sits subdued at 47.8, signaling that sellers are expanding their control and pointing toward a deeper slide down toward the 0.1354 local support floor.
