$POWER USDT (Perp) – Trade Setup ⚡🔥
After a strong impulse move to $2.34, price is cooling off and forming a short-term pullback on the 4H timeframe. Currently trading around $1.64.
📉 Price is testing short-term support near MA levels.
📊 Volume declining — potential volatility expansion incoming.
🔎 Trade Plan:
🟢 Long Entry: $1.60 – $1.65 zone
🎯 Target 1: $1.78
🎯 Target 2: $1.90
🎯 Target 3: $2.05
🔴 Stop Loss: Below $1.55
If bulls defend this level, we could see a continuation toward previous highs. Reclaim of $1.72 area = momentum shift confirmation.
⚠️ Manage risk. Wait for confirmation candle.
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