【$POWERUSDT】Don't Get Fooled, Real Data Here

$POWER This oscillation is really messing with people's psychology. During the weekend early morning liquidity drought period, the price is firmly holding at the Bollinger upper band and moving higher. The 4-hour MACD histogram is continuously expanding, 1-hour RSI is soaring to 91, showing obvious signs of overheated buying. However, open interest is stable, funding rate is moderate, doesn't look like pure FOMO pumping. The bid side has extremely thin orders, sell-side depth far exceeds buy-side, upside selling pressure could be released anytime. Go short directly near current price 0.1212, set stop loss just above the previous high at 0.1218. First target at 0.1118, second target at 0.1164. The risk-reward ratio at this level is decent, but you must set a proper stop loss, take profit when you win, secure your gains.
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