$POWER Sharp 4H rejection has flipped momentum bearish, with price breaking below the $0.0800 support area and printing a fresh lower low. A retest failure could open another downside move.
$POWER /USDT — SHORT
Trade Plan
Entry: $0.0760–$0.0780
SL: $0.0815
TP1: $0.0720
TP2: $0.0695
TP3: $0.0660
Why this setup?
The 4H structure is currently bearish: after failing near $0.0850, candles began forming lower highs and lower lows, followed by a strong bearish expansion through the $0.0800 zone. The latest candle reached near $0.0690 before recovering slightly, showing that sellers remain active but also warning against chasing the breakdown at the lowest price.
On the 1H timeframe, the key confirmation is whether price retests $0.0760–$0.0780 and gets rejected. MA 7, MA 25, and MA 99 should ideally remain bearishly aligned, with the faster averages below the slower average. If that alignment is confirmed, it strengthens the continuation case.
Support around $0.0740 is now important; a clean break can expose $0.0720 and $0.0695. Volume should expand during another downside candle to confirm seller participation. If price reclaims $0.0815 decisively, the short setup is invalidated.
For $POWER , protect capital first and avoid entering solely because a candle looks bearish.
$POWER /USDT — SHORT
Trade Plan
Entry: $0.0760–$0.0780
SL: $0.0815
TP1: $0.0720
TP2: $0.0695
TP3: $0.0660
Why this setup?
The 4H structure is currently bearish: after failing near $0.0850, candles began forming lower highs and lower lows, followed by a strong bearish expansion through the $0.0800 zone. The latest candle reached near $0.0690 before recovering slightly, showing that sellers remain active but also warning against chasing the breakdown at the lowest price.
On the 1H timeframe, the key confirmation is whether price retests $0.0760–$0.0780 and gets rejected. MA 7, MA 25, and MA 99 should ideally remain bearishly aligned, with the faster averages below the slower average. If that alignment is confirmed, it strengthens the continuation case.
Support around $0.0740 is now important; a clean break can expose $0.0720 and $0.0695. Volume should expand during another downside candle to confirm seller participation. If price reclaims $0.0815 decisively, the short setup is invalidated.
For $POWER , protect capital first and avoid entering solely because a candle looks bearish.
