POWERUSDT TECHNICAL ANALYSIS: BEARISH REVERSAL IMMINENT $POWER
The recent surge to the daily high has been met with significant selling pressure, indicating a exhaustion of buying momentum. The price is currently consolidating below key resistance, setting the stage for a downward move.
Short Position Details
Entry Zone: Re-test of the recent minor bounce area.
Target 1 (TP1): 1.70000
Target 2 (TP2): 1.62000
Target 3 (TP3): 1.55000
Stop Loss (SL): 1.95000
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