$POWER just woke the market up in a big way.
Price is trading around 0.406, up more than 15 percent on the day. Market cap is near 85 million dollars, with FDV around 406 million. Liquidity is close to 2 million and holders are still relatively low around 1,300. That means this move is happening in a tight structure, which usually makes volatility stronger.
On the daily chart, the story is clear. $POWER built a base around 0.12 after a long downtrend. From there, it slowly formed higher lows and started grinding up. Then momentum exploded. Price pushed aggressively from below 0.20 to 0.48 in a strong vertical rally.
The recent high near 0.48 shows buyers were in full control. After that spike, we are seeing some cooling around 0.40 to 0.42. This is normal after such a sharp move.
Key levels to watch now
Support around 0.34
Stronger support near 0.26
Resistance at 0.48
Break above 0.50 could open a new expansion
If POWER holds above 0.34 and keeps forming higher lows, the trend stays bullish. But if price loses 0.34 with strong selling, we could see a deeper pullback before the next leg.
This is not a slow recovery. This is a momentum shift. When a coin moves from 0.12 to almost 0.50, it means sentiment has changed. The smart approach now is simple. Do not chase green candles. Wait for structure. Let the market prove strength before the next decision.

