$POWER has just printed a strong impulsive move with heavy volume, breaking out from a long consolidation zone. The move is not random — price reclaimed key short-term levels in one push, showing aggressive buyer intent. This type of expansion usually leads to a brief pullback or sideways pause before continuation, which is ideal for scalp entries.
From a technical perspective, price exploded above the 0.23–0.24 resistance zone, which now flips into support. The structure shows higher lows forming after the breakout, and candles are holding above the breakout base. Immediate support lies around 0.245–0.235, where buyers previously stepped in. Strong resistance sits near 0.28–0.30, which is the next supply zone from the upper range.
On the fundamental side, POWER is currently driven by speculative momentum rather than long-term news, which is common for high-volatility scalps. That’s acceptable for short-term trades as long as volume stays elevated. Sentiment is strongly bullish, with traders chasing upside and funding favoring longs — but this also means pullbacks should be expected before continuation.
As long as price holds above the breakout support and does not lose momentum structure, long scalps remain the higher-probability setup.
🔼 Long Scalp Trade Signal
Entry Zone: 0.245 – 0.231
TP1: 0.261
TP2: 0.284
Stop Loss: 0.212
Long #POWER Here 👇👇
