POWER recovery is gaining strength again after defending dynamic support, buyers stepping back in for round two.
$POWER - LONG
Trade Plan:
Entry: 0.16850 – 0.17300
SL: 0.16100
TP1: 0.17850
TP2: 0.18700
TP3: 0.19800
Why this setup?
Why now? The 1h ATR stands at 0.012400 confirming that hourly volatility is sufficiently elevated for a single session impulse to clear TP1 at 0.1785000 and accelerate directly toward TP2 at 0.1870000, while the 1h price sits anchored at 0.1720000 inside the tight execution zone of 0.1685000 to 0.1730000. The 15m RSI is at 57.80 reflecting healthy momentum recovery following a clean demand defense, leaving ample runway before approaching overbought resistance against a strong bullish daily trend regime. This is a trend-following dip absorption trade riding dynamic moving average support, providing a balanced risk profile for standard position sizing with 0.1610000 acting as the hard line in the sand.
Debate:
Will buyers front-run the entry zone at 0.16850 or does price sweep straight into TP1 at 0.17850?
Click here to Trade 👇
$LSK
$ZEC
$POWER - LONG
Trade Plan:
Entry: 0.16850 – 0.17300
SL: 0.16100
TP1: 0.17850
TP2: 0.18700
TP3: 0.19800
Why this setup?
Why now? The 1h ATR stands at 0.012400 confirming that hourly volatility is sufficiently elevated for a single session impulse to clear TP1 at 0.1785000 and accelerate directly toward TP2 at 0.1870000, while the 1h price sits anchored at 0.1720000 inside the tight execution zone of 0.1685000 to 0.1730000. The 15m RSI is at 57.80 reflecting healthy momentum recovery following a clean demand defense, leaving ample runway before approaching overbought resistance against a strong bullish daily trend regime. This is a trend-following dip absorption trade riding dynamic moving average support, providing a balanced risk profile for standard position sizing with 0.1610000 acting as the hard line in the sand.
Debate:
Will buyers front-run the entry zone at 0.16850 or does price sweep straight into TP1 at 0.17850?
Click here to Trade 👇
$LSK
$ZEC
