Pullback after rejection

$POWER

Direction:

Short

Entry Zone:

0.275 – 0.285

Targets:

TP 1: 0.260

TP 2: 0.245

TP 3: 0.225

Stop Loss:

0.300

Price got a strong rejection from the 0.41 area and started making lower highs. The structure is still weak and sellers are in control. As long as price stays below the 0.30 zone the downside move can continue. Small bounces can happen but overall bias remains bearish.

$POWER

POWERBSC
POWERUSDT
0.24634
-31.47%

#CryptoMarketAnalysis