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$POWER Weak rebound to a key resistance level, selling pressure is gathering.
Short $POWER immediately
Entry: 0.285 – 0.292
Stop loss: 0.295
First target: 0.240
Second target: 0.205
After experiencing a rapid rebound, the price touched a critical long-term moving average resistance. However, this rally lacked effective volume support, indicating insufficient buying momentum and waning strength. Such volume-less upward moves are usually unsustainable; once selling pressure returns, the price is likely to quickly retrace, creating opportunities for shorts.
Short $POWER 👇 here