$POWER big short loading soon...
Entry: CMP
TP1: $0.1200
TP2: $0.1100
TP3: $0.1000
SL: $0.1480
Let me break down exactly why I'm bearish on POWER right now I don't just guess, I follow the structure.
Why it will go down:
Clear rejection at the top Price pumped hard to $0.1969 and immediately got rejected. That's a classic distribution signal, not accumulation.
Lower highs forming After the peak, every bounce is weaker than the last. Sellers are stepping in aggressively at every level.
Momentum fading fast The 4H candles are printing long red bodies, showing real selling pressure, not just profit-taking.
Structure broken The bullish structure that held the pump together is now shattered. The path of least resistance is down.
I've seen this pattern play out too many times. When a coin pumps vertical and then loses momentum with lower highs, the next move is usually a heavy correction. The ones who chase the bounce get trapped.
I'm already short in $POWER . The risk is defined, and the downside is loading.
Always DYOR ❤️
Entry: CMP
TP1: $0.1200
TP2: $0.1100
TP3: $0.1000
SL: $0.1480
Let me break down exactly why I'm bearish on POWER right now I don't just guess, I follow the structure.
Why it will go down:
Clear rejection at the top Price pumped hard to $0.1969 and immediately got rejected. That's a classic distribution signal, not accumulation.
Lower highs forming After the peak, every bounce is weaker than the last. Sellers are stepping in aggressively at every level.
Momentum fading fast The 4H candles are printing long red bodies, showing real selling pressure, not just profit-taking.
Structure broken The bullish structure that held the pump together is now shattered. The path of least resistance is down.
I've seen this pattern play out too many times. When a coin pumps vertical and then loses momentum with lower highs, the next move is usually a heavy correction. The ones who chase the bounce get trapped.
I'm already short in $POWER . The risk is defined, and the downside is loading.
Always DYOR ❤️
