$POWER – Momentum Building After Strong Reclaim #USRetailSalesMissForecast
Buyers are clearly in control as $POWER shows momentum expansion after reclaiming key levels.
Long Setup: $POWER
Entry: 0.365 – 0.385
Stop Loss: 0.142
Targets:
• TP1: 0.160
• TP2: 0.168
• TP3: 0.178
The recent dip failed to gain downside continuation, and strong bids stepped in quickly. This price action suggests absorption rather than distribution. Sellers were unable to push price lower, and downside momentum failed to expand.
As long as this zone continues to hold, the structure remains bullish and higher continuation looks like the cleaner path from here.


POWER
Alpha
0.40413
+0.83%