$POWER — Longs Forced Out as Support Comes Under Pressure
POWER saw $2.25K in long liquidations around $0.18959. The forced selling makes this level important, with buyers needing to defend it to prevent further downside.
Trading Setup — SHORT
Entry Zone: $0.1890–$0.1910
TP1: $0.1850
TP2: $0.1810
TP3: $0.1760
Stop Loss: $0.1950
A failure to reclaim $0.1910 would favor continued selling pressure. Losing $0.1890 could accelerate the move toward the lower targets.
Invalidation: Strong reclaim above $0.1950.
Trade with proper risk management and DYOR.
$POWER #CryptoTrading #Crypto
POWER saw $2.25K in long liquidations around $0.18959. The forced selling makes this level important, with buyers needing to defend it to prevent further downside.
Trading Setup — SHORT
Entry Zone: $0.1890–$0.1910
TP1: $0.1850
TP2: $0.1810
TP3: $0.1760
Stop Loss: $0.1950
A failure to reclaim $0.1910 would favor continued selling pressure. Losing $0.1890 could accelerate the move toward the lower targets.
Invalidation: Strong reclaim above $0.1950.
Trade with proper risk management and DYOR.
$POWER #CryptoTrading #Crypto
