【$POWERUSDT】Don't rush to buy the dip/chase the high, look at this first


$POWER On the 4-hour level, price has surged to the upper Bollinger Band, but the MACD histogram on the 1-hour level has started to contract, with bullish momentum weakening. During the early morning weekend liquidity drought, buying interest is absent, with extremely thin pending orders in the 0.111 to 0.1115 zone above, while obvious buying support accumulates below 0.1107 — a typical case of funds providing a floor. The whale is distributing on the left side; this high-level consolidation with declining volume has an imbalanced risk-reward ratio. At the current price near 0.1107, go short directly, set stop loss above 0.112, and watch for a retest around 0.105, where you can take profits in batches.
Check real-time charts 👇 $POWER
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POWER6,54%
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