It looks like there could be an opportunity to open a $POWER/USDT short trade after a bit more upside and liquidity is taken.
You can look for short entries around the 0.41 – 0.3850 levels, and make sure to use a Stop Loss of around 35%.
For Take Profit, you can set 35%, 50%, and 75%, or choose to hold or close the trade based on your strategy.
Once the first 35% Take Profit is hit, move the Stop Loss to the entry price.
Also, if you have any thoughts or opinions, feel free to comment below.
