$POWER hitting resistance â setting up for a bearish move.
đ» SHORT $POWER
Entry: 0.444 â 0.456
Stop Loss: 0.51
Targets: 0.38 / 0.30 / 0.28+
Price is facing heavy supply around 0.44â0.45, failing to sustain upward momentum. The structure points to a lower-high forming, showing that recent rallies are corrective, not impulsive.
Bearish bias remains valid as long as 0.51 holds. A breakdown below support first targets 0.38, with deeper moves toward 0.30 if selling intensifies. Strong selling could push $POWER to 0.28+ as the next liquidity zone.
Any reclaim above 0.51 will nullify this short setup."