🚨 $POWR — Short Setup | Failed Spike, Lower Highs (1h)
POWR is down about 16% in 24h at $0.05454 after being rejected from the $0.0683 spike, printing lower highs on the 1h chart and sitting near the $0.05412 low. A weak bounce into $0.0562–$0.0572 is cleaner than selling the low.
📍 Short Entry: $0.0562–$0.0572 (limit order on bounce)
🎯 TP1: $0.0545
🎯 TP2: $0.0525
🛑 SL: Above $0.0590
Setup: Failed spike + lower highs. If $0.0590 breaks on a 1H close, skip the trade. A close below $0.0541 would extend the drop, so don't chase it.
Do you think $POWR retests $0.0525, or squeezes back above $0.059? 👇
⚠️ Not financial advice. POWR is down about 19% over 30 days. Use low leverage and strict risk management.
— ANiii Trader Analysis 📊
👇 Click to Open Trade
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