$POWER just printed a sharp rejection after tagging 0.960 and the pullback to 0.871 confirms distribution near the highs. The upside impulse was strong, but follow-through failed. Lower highs on the lower time frame and fading volume show buyers stepping back.
The 0.920–0.960 zone is now heavy supply. Each attempt to reclaim that area has been sold quickly. As long as price trades below 0.920, structure favors continuation to the downside.
Immediate support sits near 0.800. A breakdown below that level can accelerate selling toward deeper liquidity pockets.
Trade Setup
Short on weak bounce into 0.900 – 0.920
Targets
0.750
0.720
0.700
Stop Loss
0.970
Outlook remains bearish while under major resistance. Momentum shift is visible, and unless bulls reclaim 0.960 with strength, pressure likely builds for another leg down.
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POWERUSDT
Διην.
1.326
-2.47%