📊 Summary of the Scenario for Today Consolidation in the "Combat Zone" ($0.29 - $0.30): The price has entered an accumulation range. It is expected that POWER will use the $0.29 level as a new floor (support) to gain momentum. If the price remains there without falling, the probability of a jump upwards increases considerably. Immediate Target ($0.3180 - $0.3200): This is the technical "Take Profit" for today. It is expected that if the buying volume continues after the post-holiday market opens, the price will seek to liquidate the sell orders that are accumulated just before $0.32. Relative Strength (Bullish Momentum): POWER comes from an impressive rally since $0.17. Market sentiment is strongly bullish (BULLISH), but the RSI (strength indicator) is starting to show "overbought," which means that the price could move sideways for a while to "rest" before continuing to rise. 💡 Conclusion of the Strategy The ideal today: That the price closes the day above $0.3050. This would confirm that POWER is on its way to $0.41 in the coming days. What we must avoid: That the price loses the support of $0.2880. Therefore, maintaining the adjusted Stop Loss is the key to your summary for today.$BTC $POWER
$POWER $BTC 1. The Great Weekly Boost 📈 POWER has been one of the best-performing assets recently. In the last week, it recorded increases of more than 90% and even peaks of 100% at certain moments. This boost was mainly due to: New Listings: Its recent entry into major exchanges (like KuCoin) attracted a lot of liquidity and new buyers. Gaming/DePIN Narrative: The project is consolidating in the Web3 gaming infrastructure sector, generating much expectation among institutional investors. 2. Price Movement and Volatility 🎢 Recent High: The token reached an all-time high (ATH) close to $0.4493 on February 11. Correction and Consolidation: After that high, the price experienced a technical drop (profit-taking), and what we see in your screenshot is a solid recovery. You entered at $0.2875, a support zone where the price found strength to rebound again towards $0.30. Current Range: It has been moving in a volatile range between $0.21 and $0.37. Your current position takes advantage of that bullish rebound. 3. Market Sentiment 🗣️ Despite the general cryptocurrency market (like Bitcoin) showing some weakness or "fear", POWER has shown "relative strength". This means it is rising on its own thanks to positive news from its ecosystem, such as integrations in games (e.g. Fableborne). Summary for your Trade: What has happened is that you managed to "buy the dip" of the recent correction. The market has a very high demand (we saw levels of up to 89% buying intention on the platform), which explains your ROI of +43%.#power
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