$POWER 🔥preparing for an interesting rebound.
After the strong drop it had, the price seems to be entering a zone where buyers historically appear.
Moreover, the fact that it has active futures contracts on Binance generates quite a bit of speculative volume, and in low-cap tokens that can cause rapid movements.
If the volume comes back in, I wouldn't rule out a short squeeze that pushes the price up in the short term.
This is just my opinion as a trader, not financial advice.
After the strong drop it had, the price seems to be entering a zone where buyers historically appear.
Moreover, the fact that it has active futures contracts on Binance generates quite a bit of speculative volume, and in low-cap tokens that can cause rapid movements.
If the volume comes back in, I wouldn't rule out a short squeeze that pushes the price up in the short term.
This is just my opinion as a trader, not financial advice.