#POWER +19% in a Day — Breakout or Bull Trap?
Here’s the Full Breakdown and Trading Plan
$POWER / USDT: $0.23342 (+19% in the last 24h)
RSI (4H): 52.54 — momentum is strong and the market isn’t overheated yet.
Market Analysis:
POWER has officially broken out of the descending channel that kept price suppressed since October. Yesterday’s volume spike — 4.2× higher than normal — pushed the chart through the $0.2080 level, which previously capped November’s highs.
Price is now stabilizing above both the 50 EMA and 200 EMA on the 4H timeframe — a textbook bullish shift. The next major resistance sits at $0.2580–$0.2650, a zone packed with liquidity and a psychological round level.
If this region is cleared, momentum opens the path toward $0.32–$0.35 without much resistance.
Bullish Scenario (Primary outlook for the next 48–72 hours)
Entry: Retest at $0.225–$0.228 or current levels
TP1: $0.258 (+10.5%)
TP2: $0.295 (+26%)
TP3: $0.35 (+50%)
Stop-Loss: $0.219 (≈ -6% from current, -3.5% from retest)
Risk: 0.5–1% per trade. After TP1 hits, move SL to breakeven.
Bearish Scenario:
Losing $0.218 and closing below it would confirm a failed breakout.
Short Entry: $0.215–$0.217
TP1: $0.195
TP2: $0.172
SL: $0.232 (≈ -7%)
Right now, bulls still look stronger, but POWER is known for its heavy volatility — so disciplined risk management is mandatory.
What’s your take?
Do we crush $0.26, or does POWER sink back into the range? Drop your targets below. Always DYOR.
Click here to trade 👇$POWER
