The chart shows $POWER /USDT experiencing massive volatility on Binance perpetual futures! 🚀💥
Current price: 0.293393 USDT
Down -29.77% from the 24h high of 0.491125
24h low hit 0.21845
Recent sharp pump to ~0.49 followed by a strong red candle pullback, now consolidating around 0.29
Key indicators flashing potential reversal signals:
Bollinger Bands — Price rejected upper band hard, now hugging middle band (~0.239) after volatility squeeze → classic setup for next leg.
RSI(14) ~55.94 (neutral, not overbought after dump)
Stochastic K 54.5 / D 65.3 — crossing down but in mid-range, room to run if momentum flips.
After the explosive green run and current dip, this looks like a healthy correction in a bullish structure. The pullback found support near previous resistance-turned-support zone (~0.247–0.25 area), with volume still decent.
TRADE IDEA – LONG Setup 🔥
Entry: Around current levels 0.293 or dip to 0.285–0.29
Take Profit 1: 0.35 (+19%)
Take Profit 2: 0.42 (+43%)
Take Profit 3: 0.49 (re-test of recent high)
Stop Loss: Below recent low structure 0.245 (tight risk ~16%)
High risk/reward if momentum returns — volatility is wild on this one! Perfect for scalps or swings on Binance futures.
$POWER /USDT Long Now! Grab the dip before next pump — Don't miss out! 🚀 Follow & turn 🔔 on for more hot calls! Trade smart, manage risk! 📈
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