$POWER /USDT SHORT TRADE SETUP
$POWER is currently trading at 0.27204, exhibiting a downward shift after reaching a recent local high of 0.34801. The 15m chart shows the price struggling to maintain momentum, having dropped -11.45% today. With the price currently trading below its recent peaks and technical indicators such as the RSI on larger timeframes nearing overbought territories (previously at 79.61), the market suggests a "Strong Sell" or cooling-off period is underway.
Target Points
TP1: 0.2500
TP2: 0.2100
TP3: 0.1850
Stop Loss
Set stop loss above 0.3050 to manage risk against a potential relief bounce or a retest of the daily opening range.
Buy and Trade here on $POWER
POWER
Alpha
0.41723
+2.24%