⥠đ©ž$POWR â SHORT TRADE SETUP
POWR is showing bearish momentum, making this a potential entry point for a short trade.
đ Entry Point: 0.0908 â
â ïž Stop Loss (SL): 0.0930 (protect your trade!)
đ° Take Profit Targets (TP):
TP1: 0.0890 đŽ
TP2: 0.0880 đŽ
TP3: 0.0870 đŽ
đ Market Outlook:
POWR is facing resistance near 0.0908, and early signs indicate downward pressure:
1H & 4H charts: bearish candlestick patterns forming.
Volume: increasing on sell orders, signaling potential continuation lower.
Resistance Zone: around 0.0930 â ideal for SL placement.
This setup is suitable for both intraday and swing shorts, with careful monitoring of momentum.
đč Trade Strategy:
1. Enter Short at 0.0908.
2. Set SL at 0.0930 to manage risk.
3. Take profits progressively at TP1, TP2, and TP3.
4. Trail your stop-loss as price moves lower to lock in gains.
