I’m seeing a massive liquidity wipe from 0.60 area straight down to 0.36. That’s a 12%+ panic candle. These kinds of moves usually clear late buyers and over-leveraged longs in one shot.
Now price is stabilizing around 0.38 after printing a clear rejection wick at 0.3637. That tells me buyers stepped in aggressively at demand.
Structure is simple:
Vertical pump earlier to 0.85
Distribution and lower highs
Sharp capitulation candle
Immediate bounce from 0.36 zone
That flush changes short-term risk-reward.
Entry: 0.39 – 0.41 after 1H close above 0.40 TP1: 0.46 TP2: 0.52 TP3: 0.60 Stop Loss: 0.34
How it’s possible:
Liquidity below 0.37 already taken
Panic sell creates oversold conditions
Shorts enter late after breakdown
Break above 0.40 can trigger squeeze toward 0.46+
If buyers hold above 0.38 and volume expands on reclaim, a relief rally toward 0.50 area is realistic.
Risk defined. Structure clear. I’m waiting for confirmation, not guessing.
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$POWER Bullish Reaction From Extreme Flush
I’m seeing a massive liquidity wipe from 0.60 area straight down to 0.36. That’s a 12%+ panic candle. These kinds of moves usually clear late buyers and over-leveraged longs in one shot.
Now price is stabilizing around 0.38 after printing a clear rejection wick at 0.3637. That tells me buyers stepped in aggressively at demand.
Structure is simple:
Vertical pump earlier to 0.85
Distribution and lower highs
Sharp capitulation candle
Immediate bounce from 0.36 zone
That flush changes short-term risk-reward.
Entry: 0.39 – 0.41 after 1H close above 0.40
TP1: 0.46
TP2: 0.52
TP3: 0.60
Stop Loss: 0.34
How it’s possible:
Liquidity below 0.37 already taken
Panic sell creates oversold conditions
Shorts enter late after breakdown
Break above 0.40 can trigger squeeze toward 0.46+
If buyers hold above 0.38 and volume expands on reclaim, a relief rally toward 0.50 area is realistic.
Risk defined. Structure clear. I’m waiting for confirmation, not guessing.
Let’s go and Trade now $POWER