$POWER Perp

Current Price 0.26430

Market Overview

POWER is in a strong corrective phase after an extended downside impulse. The speed of the decline indicates weak demand at higher levels and a lack of dip buyers so far. Structurally, the trend remains bearish on lower timeframes, but price is nearing an area where sellers may begin to lose momentum.

Key Support and Resistance

Primary support is located between 0.245 and 0.250, a psychological and structural zone that may act as a temporary floor. Below this, the next support rests near 0.220. Resistance is layered at 0.285, with a more significant barrier near 0.310 where prior breakdown occurred.

Trade Targets

Conservative traders may wait for a reclaim above 0.285 before considering long positions, targeting 0.310 to 0.325. Short-term shorts can be considered on weak bounces into the 0.280 to 0.285 range, targeting a move back toward 0.250.

Pro Tips

In strong downtrends, patience is an edge. The best trades often come after a failed bounce, not during the initial drop. Always define invalidation before entering.