$POWER USDT SHORT TRADE SIGNALđ„đ„
$POWER has printed a strong impulsive rally followed by exhaustion near the 0.3750â0.3780 resistance zone. After the vertical breakout, price is showing rejection wicks and early signs of bearish pressure on the 1H timeframe, indicating a potential short-term pullback from overextended levels. Momentum is slowing, and a corrective move toward previous structure support is likely.
Trade Setup:
Short Entry: 0.3660 â 0.3720
TP1: 0.3550
TP2: 0.3450
TP3: 0.3320
SL: 0.3800
A rejection below 0.3720 strengthens the bearish case for a retracement toward the 0.3500 demand zone. If sellers gain control, extended downside toward 0.3320 becomes probable.
Market Outlook:
Short-term bias is corrective bearish after an overextended rally. A strong breakout and sustained close above 0.3800 would invalidate the short setup and resume bullish continuation.
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