$POWER has reached the level where I would rather wait for confirmation than chase.
What stands out here is that the 1H move is +5.09% and the last 15m is +4.03%. That gives the move real context instead of treating every candle as a signal.
The area around $0.05567 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Would you buy the breakout on $POWER , or wait for a confirmed retest?
#POWER #Trading
Trade plan: SHORT
Entry: $0.13096
SL: $0.13256
TP1: $0.05567
TP2: $0.05566
TP3: $0.05565
What stands out here is that the 1H move is +5.09% and the last 15m is +4.03%. That gives the move real context instead of treating every candle as a signal.
The area around $0.05567 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Would you buy the breakout on $POWER , or wait for a confirmed retest?
#POWER #Trading
Trade plan: SHORT
Entry: $0.13096
SL: $0.13256
TP1: $0.05567
TP2: $0.05566
TP3: $0.05565
