Pop into that massive 5.4x unusual selling volume spike, momentum crushed on the dump — leaning short on $POWER here.
Trading Plan: SHORT $POWER (max 10x)
Entry: 1.800 – 1.810
SL: 1.985
TP1: 1.738
TP2: 1.605
TP3: 1.393
That explosive volume bar wasn't retail panic — it screams smart money distribution, engineered to fake strength then sweep longs below the range. Price wicked up briefly but got rejected hard, no real follow-through from buyers, and now we're printing lower highs with supply slamming every bounce.
The dump took out liquidity pools cleanly; weak hands shaken, structure fully bearish until we see absorption or a clean reversal candle. If we rally back into 1.81–1.99 and reject again with bearish volume, this unwinds fast into the next liquidity void. Bias flips only on a strong reclaim + hold above 1.985 with conviction.
Trade $POWER here 👇
