1H Structure for $POWER /USDT: Structure break and support test 🔍
1️⃣ Local Bottom and Absorption: The pair closed its bearish channel from 0.11955, setting a floor at 0.07953, where buy absorption triggered a strong breakout volume.
2️⃣ Reclaiming the Media Cluster: Trading at 0.09048, price successfully broke above the 25 EMA (0.08643) and is positioned above the 99 EMA (0.08936) and the 7 EMA (0.09007), turning this zone into the first containment block.
3️⃣ Key Levels to Monitor:
Immediate resistance: The local high just left at 0.09510.
Structural support: The 99 EMA band (0.0893); losing it would invalidate the current push, sending price back toward 0.0864.
Don’t rush entries to the market—prioritize passive executions (Maker) on confirmed retests and manage the volatility of perpetual contracts.
Do you see continuation toward 0.10, or do you think there will be sideways consolidation? Share your analysis. 👇🔥
$POWER #POWER #MarketMicrostructure #Futures #CryptoTrading #BinanceSquare
1️⃣ Local Bottom and Absorption: The pair closed its bearish channel from 0.11955, setting a floor at 0.07953, where buy absorption triggered a strong breakout volume.
2️⃣ Reclaiming the Media Cluster: Trading at 0.09048, price successfully broke above the 25 EMA (0.08643) and is positioned above the 99 EMA (0.08936) and the 7 EMA (0.09007), turning this zone into the first containment block.
3️⃣ Key Levels to Monitor:
Immediate resistance: The local high just left at 0.09510.
Structural support: The 99 EMA band (0.0893); losing it would invalidate the current push, sending price back toward 0.0864.
Don’t rush entries to the market—prioritize passive executions (Maker) on confirmed retests and manage the volatility of perpetual contracts.
Do you see continuation toward 0.10, or do you think there will be sideways consolidation? Share your analysis. 👇🔥
$POWER #POWER #MarketMicrostructure #Futures #CryptoTrading #BinanceSquare