$POWER wiped out late longs at $0.26791 in a fast downside spike, which is a classic stop-hunt move. These flushes clean weak hands and often become the foundation for the next recovery leg. Selling pressure usually fades quickly after this kind of liquidation.
EP: $0.262 – $0.268
TP1: $0.279
TP2: $0.294
TP3: $0.318
SL: $0.252
Defending $0.258 is the key for a clean rebound.
