$POWER This one’s parabolic. Up 58% in days, but the machine is screaming distribution.

🧠 Market Structure

On the 4H, we ran from 0.34 to 0.777—a 128% move. Now price is stalling at the highs, unable to reclaim 0.75 sustainably. Volume collapsed from 310M to 247K—that’s exhaustion, not continuation.

On the 15m, we’re making lower highs while holding a descending range. Order book tells the real story: 24.5% bids vs 75.5% asks. Massive ask walls stacked from 0.77 to 0.80 (over 1.2M liquidity). Smart money is selling, retail is buying.

🎯 The Setup: Short on Weakness

Funding just flipped negative after a long positive run. That means shorts are now paying—but price isn’t rallying. That’s bearish divergence: momentum is gone, and shorts are getting confident at the wrong time.

📈 Confirmations

· RSI dropped from 83 to 59—momentum decay

· MACD histogram shrinking toward zero

· StochRSI rolling over from overbought

· Volume drying up at resistance

🔥 The Trade

· Entry Zone: 0.7450 - 0.7500 (liquidity grab / range top)

· Stop Loss: 0.7780 (above 24h high & ask wall)

· Take Profits:

· TP1: 0.7100 (first support)

· TP2: 0.6700 (previous consolidation)

· TP3: 0.6000 (psychological level)

· R:R: 1:3 on TP2

🧠 Conviction: 9/10. Massive ask walls + volume collapse + funding flip + RSI divergence. Retail is trapped long.

⚠️ Invalidation

If price closes above 0.7780, the breakout is real. I’ll step aside.