Power Protocol (POWER) is a shared infrastructure designed to connect blockchain-based games and entertainment applications. Think of it as a unified economic and technical layer that allows multiple projects to share the same token economy, instead of each game having its own fragmented currency. Its great appeal is that it enables developers to focus on gameplay while using standardized blockchain tools, which has generated initial traction, demonstrated by its flagship game reporting hundreds of thousands of players.
Regarding price action, the value of POWER has just gone through the frenzy of its debut on exchanges like Binance. The price initially skyrocketed to a maximum of $0.130, but that enthusiasm has deflated a bit, and now we are seeing critical consolidation around $0.113.
👀 Possible Breakouts
The immediate future of this highly volatile token will be defined by the breakout of one of these two zones:
- Bullish Breakout: If buyers believe in the vision of "shared infrastructure" and overcome selling pressure, the price will try to break the launch high of $0.130. A decisive breakout of that level would open the door to a higher price discovery, with little technical history to hold it back, and would demonstrate that demand is real and sustained.
- Bearish Breakout: If the sentiment of "profit-taking" dominates, the price will break the current support. The $0.113 zone is the first fuse. If it breaks, a rapid downward move would be activated, seeking a deeper equilibrium floor, likely near the psychological mark of $0.090 or even lower, where the market thinks that the value is more attractive for new long-term investors.
The price is at a crossroads, and the next few hours will be key in defining whether the narrative of its fundamentals (the unified infrastructure) can drive a new rise or if it succumbs to post-launch speculative selling.
Always do your own research DYOR😉
