$POWER is a LONG because the freshest tradable narrative is not a new headline — it is the market repricing after surviving the last big one. In March, POWER got wrecked by the temporary Ronin Bridge pause and panic around a team-linked wallet moving roughly 30M tokens to exchanges. Current market coverage says the latest lift is mostly broader-market beta, while sentiment still carries the scar tissue from that event. That combination is exactly how squeezes start: old fear, improving tape.
Why now? Because the chart is no longer behaving like a coin that wants lower. On 4h, POWER is reclaiming the 0.089–0.090 zone and pressing into the 200MA/major resistance area after stabilizing well above the post-crash lows. On 15m, price is squeezing higher with RSI hot and MACD expanding, which is what happens when traders keep leaning on old bearish memory while the market starts repricing anyway.
Bias: Long
Entry: 0.0888–0.0898
SL: 0.0869
TP1: 0.0928
TP2: 0.0965
TP3: 0.1010
The people who pay here are the ones still shorting March headlines after April price already stopped agreeing.