$POWER Protocol Market Update
POWER is trading at $0.28609 after a sharp 15% pullback, reflecting strong short-term selling pressure. The price is currently below all key moving averages, with MA7 at 0.28922, MA25 at 0.29308, and MA99 at 0.29931, confirming a bearish structure in the short timeframe. Recent price action shows rejection near the 0.30 zone, followed by a steady decline toward the 0.283–0.286 demand area, which is now acting as a critical support.
Market capitalization stands at $60.08M with FDV at $286.10M, indicating a large portion of supply still unlocked. On-chain liquidity is $1.81M, while total holders are 1,112, showing a relatively early-stage distribution. Volume has cooled compared to recent spikes, suggesting sellers are losing momentum, but buyers have not yet stepped in aggressively.
If the 0.283 support fails, downside risk could extend further. A strong bounce and reclaim above 0.293–0.30 would be the first signal of trend reversal. For now, POWER remains in a high-volatility zone where smart money waits for confirmation before the next decisive move.
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