$POWER Update — Let The Data Talk 📊
Price: ~0.71
Still +25% on the move.
But momentum shifted.
Let’s break it down.
⸻
📉 Price Structure (5m)
• Rejected from 0.77
• Sharp flush to 0.64
• Now consolidating 0.71–0.72
• Below local high structure
This is no longer expansion.
This is digestion.
0.71 is the battlefield.
⸻
📊 Open Interest
OI dropped during the flush.
Now slowly rising again.
That tells us:
Leverage was cleaned.
New positions are building — cautiously.
No aggressive spike.
Healthy reset.
⸻
💰 Funding
Funding slightly negative (-0.015%).
Shorts paying longs.
That’s interesting.
Price holding while funding negative
= hidden strength.
If price pushes up
short squeeze fuel exists.
⸻
👥 Long / Short Ratio
Retail still heavily short (accounts).
Position ratio cooling.
Crowd still leaning downside
despite price holding higher lows.
Fuel still present.
⸻
🔥 Taker Volume
Aggressive sell spike during dump.
Now volume decreasing.
No strong continuation selling.
Momentum slowed.
But no panic either.
⸻
🎯 Key Levels
0.71 → pivot
0.69 → breakdown zone
0.74–0.77 → squeeze trigger
0.64 → invalidation
If 0.69 breaks → continuation risk.
If 0.74 reclaims → expansion phase resumes.
⸻
📌 Conclusion
POWER is in reset mode.
• Funding negative
• OI rebuilding
• Retail short heavy
• Price compressing
This is a decision phase.
Break down → sellers take control.
Break up → squeeze potential.
Let the data talk.
Not the noise.
#power #crypto #PERPS #BinanceSquare #Altcoins
