Everyone's calling this a bottom, but the 1H chart just armed a continuation signal.
$POWER / USDT - SHORT
Trade Plan:
Entry: 0.0740 – 0.0742
SL: 0.0760
TP1: 0.0720
TP2: 0.0694
TP3: 0.0660
Why this setup?
On the 1H timeframe, price is trading below all three key moving averages – MA7 (0.07753), MA25 (0.08009), and MA99 (0.08237) – all acting as resistance. Volume collapsed to 1.48M vs MA5 at 8.63M – confirming no real buying interest. The 24h low at 0.06938 is the target, making a breakdown toward 0.072 and 0.069 the most logical outcome over the coming hours.
Debate : Will POWER hold 0.072 and bounce, or break down to 0.069?
Click here to Trade 👇
$POWER / USDT - SHORT
Trade Plan:
Entry: 0.0740 – 0.0742
SL: 0.0760
TP1: 0.0720
TP2: 0.0694
TP3: 0.0660
Why this setup?
On the 1H timeframe, price is trading below all three key moving averages – MA7 (0.07753), MA25 (0.08009), and MA99 (0.08237) – all acting as resistance. Volume collapsed to 1.48M vs MA5 at 8.63M – confirming no real buying interest. The 24h low at 0.06938 is the target, making a breakdown toward 0.072 and 0.069 the most logical outcome over the coming hours.
Debate : Will POWER hold 0.072 and bounce, or break down to 0.069?
Click here to Trade 👇
