🔥 4.0x Unusual Selling Volume on $POWER What Just Happened?
Heavy sell pressure just hit $POWER, and this isn’t random noise… this looks like classic distribution or panic driven liquidation. Smart money often uses moments like this to flush liquidity and trigger stops below key levels.
Short Term Outlook:
The bias remains bearish as long as price stays below key resistance. With strong sell volume and multiple bearish confirmations, the path of least resistance is downward.
🎯 Trade Setup Idea:
Watch for a failed bounce into 0.09358–0.09411
Look for confirmation like a bearish engulfing candle or rejection wick
Targets: 0.08955 → 0.08784
Stop loss: Above recent swing high
Alternative Scenario (Quick Scalp):
If price sweeps below 0.08955 and snaps back with strong bullish momentum, a short-term long scalp could be in play — but only with clear reversal signals on lower timeframes.
Bullish Invalidation:
A strong reclaim and hold above 0.09536 with volume would shift the bias to bullish. Until then, sellers are in control.
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