Stop chasing… this is where traders get trapped.

$POWER /USDT is pushing into resistance on the 4H, but the move lacks real strength. Momentum is slowing, volatility is compressed, and lower timeframe RSI is already overbought.

This looks less like a breakout… and more like a setup for a bearish trap.

🔻 SHORT $POWER

Entry: 0.0780 – 0.0783

SL: 0.0794

🎯 Targets:

TP1: 0.0772

TP2: 0.0765

TP3: 0.0756

Why this trade?

• Price is testing a key resistance zone after a weak push up

• 15m RSI showing exhaustion inside a larger range

• Low ATR = higher chance of a fake breakout and sharp rejection

Invalidation:

A strong 4H close above 0.0795 with volume flips this bullish.

Right now, this looks like late buyers stepping in… while smart money prepares to exit.

Trade smart. Manage risk. $POWER

POWERBSC
POWERUSDT
0.09599
-4.79%