Quick analysis of currency $POWER 📊
We notice a significant positive momentum on currency $POWER after bouncing from a low of 0.188$. Here are the key points:
Momentum: The MACD indicator has given a clear positive crossover, and the price is trading above the EMA areas.
Alert: The Relative Strength Index (RSI) has reached 78, which means entering the overbought zone. We may see a slight correction or sideways movement before continuing to rise.
Support and Resistance: * Resistance: 0.234$
Support: 0.207$
Advice: Do not chase green candles (FOMO). Wait for a retest of support areas for a safe entry. 🛡️
