$POWER is still at the top, let’s clarify the confusion.....
I have received many comments about $POWER , so here’s a clear analysis.....
$POWER took a very aggressive step from around 0.18 to 0.43 in a short time.....
That’s over 100% movement in days. After such a vertical expansion, the price usually does not continue to rise directly; it either consolidates or corrects.
Over the past 30+ hours, the price has been holding near the peak around 0.40–0.43. This is no longer a new breakout structure. This is massive distribution behavior, followed by sideways movement near resistance.
The volume has already expanded significantly. When the price remains at the upper values without achieving strong continuation, it often means that buyers are being exhausted and late long positions are entering.
If weakness appears and lower highs start to form on lower time frames, the short setup becomes valid.
Potential short plan:
Entry area: 0.40 – 0.43
Target 1: 0.36
Target 2: 0.32
Target 3: 0.28
Stop loss: 0.46
If the price breaks and holds above 0.45–0.46 with strong volume, the short idea becomes invalid.
Now, this is not an early accumulation; this is a pump area in the late stage. Chasing here is risky. It’s better to wait for confirmation and trade with the structure, not the emotions.
Support me please, trade from here 👇
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