POWER perps are +67.44% and the funding tells you more than the candle does.
POWER perp at $0.1941, +67.44%, 121M volume, open interest 51.9M contracts.
Resistance $0.2080 then $0.2226
Support $0.1196 then $0.1119, deeper $0.0968
7d range $0.0780 to $0.2080, 20D avg $0.0968, price above
Funding 0.0331%, longs paying shorts. Mild lean, nothing extreme yet.
Those are levels the chart has reacted to before, nothing more. Whether $0.1196 holds again is not something anybody can promise you, and anyone who does is selling something.
Now the part nobody says out loud. This already moved +67.44%. If you fomo into leverage off a post like this and it turns, that's your position, your size, your liquidation. I'm drawing a map, I'm not driving your car.
Where's your invalidation?
Levels off a public chart, shared as a personal view. Not a recommendation, not a signal, not an offer to trade. Do your own research. Anyone acting on this carries their own risk entirely.
#POWER #Futures
POWER perp at $0.1941, +67.44%, 121M volume, open interest 51.9M contracts.
Resistance $0.2080 then $0.2226
Support $0.1196 then $0.1119, deeper $0.0968
7d range $0.0780 to $0.2080, 20D avg $0.0968, price above
Funding 0.0331%, longs paying shorts. Mild lean, nothing extreme yet.
Those are levels the chart has reacted to before, nothing more. Whether $0.1196 holds again is not something anybody can promise you, and anyone who does is selling something.
Now the part nobody says out loud. This already moved +67.44%. If you fomo into leverage off a post like this and it turns, that's your position, your size, your liquidation. I'm drawing a map, I'm not driving your car.
Where's your invalidation?
Levels off a public chart, shared as a personal view. Not a recommendation, not a signal, not an offer to trade. Do your own research. Anyone acting on this carries their own risk entirely.
#POWER #Futures