📉 #POWERUSDT Bearish Analysis: Rise and Fall, Bearish Signals Emerge
🔍 Core Market
- Current Price: Approximately 0.372 USDT, 24h Increase Approximately 7.54%
- Recent High: 0.4435 USDT
- Key Support: 0.3358 USDT (24h Low), 0.3198 USDT (SUPERTREND)
- Key Resistance: 0.3859 USDT (Near EMA(25))
📊 Technical Bearish Signals
- 15-Minute Chart:
- Price Quickly Dipped from 0.423 to 0.338, Forming a Large Bearish Candle, Breaking Below All Short-Term Moving Averages.
- MACD: DIF Crossed Below DEA Forming a Death Cross, Histogram is Negative, Bearish Momentum Released.
- RSI(6): 40.75, Entering Weak Zone, Limited Rebound Strength.
- 1-Hour Chart:
- Price Broke Below MA(7), MA(25) and Other Moving Averages, Moving Averages Turned Downwards, Trend Turned Bearish.
- MACD: DIF 0.01393, DEA 0.02063, Histogram is Negative, Bearish Trend Continues.
- RSI(6): 44.38, In Weak Zone, Rebound Space Limited by Moving Average Resistance.
- 4-Hour Chart:
- Price Rose from 0.18381 to 0.4435 Then Pulled Back, Forming a Long Upper Shadow at High Levels, Selling Pressure Apparent.
- MACD: DIF 0.04591, DEA 0.03873, Histogram is Positive but Shows Signs of Narrowing, Bullish Momentum Dwindling.
- RSI(6): 61.67, Fell Back from Overbought Zone, Indicating Weakened Buying Power.
⚠️ Bearish Logic and Operational Reference
1. Bearish Logic:
- Price Rose Significantly from Low Levels Then Showed Clear Pullback, Heavy Selling Pressure at High Levels, Short-Term Trend Weakening.
- Multiple Time Frame Indicators Show Enhanced Bearish Signals, RSI Fell from Overbought, MACD Death Cross, Bearish Momentum Gradually Released.
- Trading Volume Shrunk After Rise, Clear Signs of Capital Flight, Lacking Sustained Upward Momentum.
2. Operational Reference:
- Short-Term: Can Set Up Short Positions in the 0.38–0.39 Range, Set Stop Loss Above 0.405, Target Looking at 0.335–0.34.
- If Breaking Below 0.3358 Support, Can Follow the Trend Down to 0.3198 (SUPERTREND) Support.
- Risk Control: Strictly Set Stop Loss, Avoid Counter-Trend Operations, Current Market Volatility is High, Risk is Elevated.
💡 Note: The cryptocurrency market is highly volatile, technical analysis is for reference only and does not constitute investment advice
