$POWR is currently trading around 0.0780, down ~4.9% in the last 24 hours, following a sharp breakdown from the 0.081–0.083 supply zone.
After the impulsive sell-off into 0.0774, price attempted a shallow recovery but is now stalling below broken support, which is acting as resistance — a textbook bearish continuation setup.
On the 1H timeframe, we can clearly see:
Strong bearish impulse (trend acceleration)
Weak corrective bounce with small candles
Lower highs forming below resistance
Momentum remains tilted to sellers.
Trade Setup (Short / Bearish Continuation)
Entry Zone:
0.0785 – 0.0795 (pullback into resistance)
Targets:
Target 1: 0.0774 (recent low retest)
Target 2: 0.0758 (structure continuation)
Target 3: 0.0735 (liquidity sweep / extension)
Stop Loss:
0.0810 (above supply & structure invalidation)
Market Logic
0.081+ is a firm rejection area
The bounce from 0.0774 lacks volume and conviction
Price is consolidating below resistance → downside pressure
A 1H close below 0.0774 can open the door for a sharper leg down
Unless POWR reclaims 0.081–0.083 with strength, rallies are more likely to be sell-the-bounce opportunities.
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