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POWER is currently quoted at 0.2948, down 5.86% from the trend starting point. The bearish pattern continues but has already run for 107 K-lines. The current price is closely following the downward trend line, with a gap of only 0.09% from the tracking line at 0.2945, placing it in a highly sensitive critical zone for a trend reversal.
From a positional perspective, support below is at 0.2713, while resistance above is at 0.2983, 0.3065, and 0.3126 respectively. The key point is whether the price can effectively hold above 0.2945. A volume breakout could pose a severe challenge to the bearish trend and potentially trigger a trend reversal; otherwise, the downward trend remains intact.
The current situation is like a confrontation at a critical point, ready to erupt. Breakout behavior within small fluctuations will determine the subsequent trend. Risk reminder: the price is very close to the trend line, and a single stop-loss could trigger a chain reaction. Both bulls and bears should exercise caution.