$POWER is stabilizing after the sharp impulsive expansion from the 0.20001 low and I am watching this closely because buyers stepped in aggressively at that reaction zone and continue to defend it with confidence. The 1h candles show a clean shift in structure with higher lows and strong follow through momentum which signals that demand remains in control after the initial breakout. The recent pause near the highs looks like healthy consolidation rather than exhaustion and price is holding well above the previous resistance which has now flipped into support. If this structure holds the next continuation becomes possible with a clean and controlled push higher.
Here is my full setup from this chart.
Entry Point
0.3050 – 0.2850
Target Point
TP1 0.3200
TP2 0.3450
TP3 0.3800
Stop Loss
0.2680
This setup remains valid because pullbacks toward the 0.2850 area are getting absorbed quickly and selling pressure remains limited. As long as POWER holds above the support zone the move toward 0.3200 becomes the natural next step before momentum attempts an extension toward higher targets.
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POWER
Alpha
0.19422
-11.77%