$POWR / $POWRUSDT – Blow-Off Trap at Resistance!
That spike? It wasn’t strength — it was liquidity getting hunted.
Price surged straight into heavy resistance and instantly lost momentum. Sellers showed up on the first serious test, rejecting higher prices fast. This smells like a corrective pop… not a real reversal.
Short Setup: Entry: 0.305 – 0.315
SL: 0.355
TP1: 0.260
TP2: 0.210
TP3: 0.180
Buyers can’t secure acceptance above the resistance band, and momentum is already rolling over. If selling pressure accelerates, downside expansion could get aggressive.
This is where patience pays.
Trade the structure. Respect your stop. Let the market do the rest.
#PEPEBrokeThroughDowntrendLine
POWR
--
--
#