$POWR buying opportunity
The Setup: After bleeding from 0.07031 to 0.03911, POWR just printed a +15.51% monster candle with 1.52B POWR volume = 45x the 90-day MA.
Why This Move Matters:
Bollinger Reclaim: Price was hugging the lower band at 0.04032. Today's candle sliced through BB middle 0.04645 and is now eyeing 0.05258 upper band. Text book mean reversion + expansion play.
Volume Confirmation: That volume spike is the largest in months. Price + Volume = Conviction. This isn't retail FOMO, something changed.
MACD Bullish Cross: DIF -0.00308 crossing above DEA -0.00359, histogram flipped green first time since the dump. Momentum shift confirmed.
Key Flip: 0.05004 reclaimed. Previous resistance now acting as support. If we hold above 0.04645 MB, next stop is 0.05258 then 0.05814.
Trade Plan:
Entry Zone: 0.048-0.050 on retest of BB Mid 0.04645
Invalidation: Close below 0.04441 = fake out
Targets: T1 0.05258 UP, T2 0.05814, T3 0.06501
SL: Below 0.04441 or daily low 0.04150
Bottom Line:
From 0.07031 crash to 0.03911 bottom, POWR was dead. Today's volume says it's alive again.
BB squeeze → BB expansion with volume = trend starting. Don't chase, wait for retest.
DYOR. This is not financial advice.