🌞 Update market [08/12] [POWER]. 💵
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📊 Technical view (15m Frame - Scalping):
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POWER is showing overwhelming strength with the "Column Construction" (Parabolic Run) model, breaking all previous accumulation structures. The Bulls are completely in control of the game with extreme excitement.
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🚀 Explosion signal (Bullish):
Perfect breakout: The price has strongly broken away from the Ichimoku cloud and is currently far above the two support lines Tenkan/Kijun. The large gap between the price and the indicators shows that the bullish momentum is extremely fierce.
Smart money flow: The volume column (Volume) for buying has surged, many times higher than the previous sideways phase. This confirms that this is the real push of the "Shark" and not a bullish trap.
Room for increase: The Stoch RSI indicator is in the 75-82 zone, still trending up and has not reached the extreme overbought threshold (100), indicating that the push is still very strong.
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💡 Trading mindset:
Absolutely do not try to short at this time as the risk of account burnout is extremely high. However, FOMO buying right at the top of the candle wick 0.2559 is also very dangerous. The wisest strategy is "Buy The Dip" - wait for the price to slightly retrace to the local support area to follow the larger trend.
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RECOMMENDED POSITION
🟢 LONG (BUY - SCALP)
⭐ Entry (Entry zone): 0.2460 - 0.2510 (Strong bullish candle body retest zone).
🎯 TP (Take profit): 0.2650 - 0.2800 (New valuation zone).
🛑 SL (Stop loss): 0.2380 (When the price breaks the green Tenkan support line).
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This article is for market information only, not an investment call! #DYOR #NFA $POWER
