โ๐ POWER SHUTDOWN: $POWER Perp Contract Sees MASSIVE Liquidation!
โYour chart shows an aggressive, high-leverage dump on the POWER/USDT Perpetual Contract! Price instantly moved from its high of $0.197 down to $0.170, confirming a huge liquidation event or a massive sell order.
โThe Volatility Check:
โExtreme Swing: This is a classic "shakeout" in the futures market, designed to liquidate weak hands and reset funding rates.
โThe Danger: Trading perpetual contracts during these dumps carries extreme risk due to amplified losses.
โThe Long-Term Narrative (Why It Matters):
The $POWER token is associated with Powerledger, a leader in leveraging blockchain for renewable energy trading and DePIN solutions. This sector (DePIN) is one of the most compelling long-term narratives.
โ๐ The High-Stakes Question:
Is this dump the market taking advantage of thin liquidity, offering a perfect discount entry into a strong Renewable Energy narrative, or is the dump still active? Where are you setting your stop-loss on this high-risk trade?
