POWER has shown a strong bullish breakout, gaining nearly 37% in a single day, signaling renewed interest and aggressive buying pressure. Price has surged from the $0.20–0.22 accumulation zone and is now trading around $0.30, marking a clear shift in short-term market structure.
From a technical perspective, POWER has broken above its key moving averages, with MA(7) and MA(25) turning upward, confirming trend strength. The recent long green candle, accompanied by a noticeable volume spike, suggests institutional or large buyer participation rather than a weak retail push.
The breakout above the previous resistance near $0.25 turns that area into an important support zone on any pullback. As long as price holds above this region, the bullish momentum remains intact. However, after such a sharp move, short-term consolidation or a healthy retracement would be normal before continuation.
Overall, POWER is currently in a momentum-driven phase, suitable for traders who manage risk carefully. Chasing at highs carries risk, while pullbacks toward support may offer more controlled opportunities.
Trend: Strong bullish breakout
Momentum: High, but short-term volatility expected
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