๐ $POWER
โข Trading Plan (Short):
โข Entry: $0.2350 โ $0.2520
โข Stop Loss (SL): $0.2580
โข Take Profit (TP): $0.2195 and $0.2079 (TP3: $0.1990)
โข Key Resistance/Support: Price is ~$0.2286 after a sharp spike into $0.2522 (24h high) โ that $0.235โ$0.252 zone is the main supply area to fade. Key supports sit at $0.2196, then $0.2079, with $0.1990 (24h low) as the deeper downside target.
โข Indicators: RSI(12) ~59.7 and RSI(24) ~54.5 = momentum is elevated (not extreme, but stretched after the impulse). MACD is positive (DIF > DEA) = trend still leaning bullish, so this is a rejection/pullback short and needs strict invalidation.
โข Outlook: If price rejects $0.235โ$0.252, expect a pullback toward $0.2195 โ $0.2079 โ $0.1990. A clean break and hold above $0.2522โ$0.2580 invalidates the short and signals continuation higher.