Why: Price holding above MA7 and MA25 with higher lows forming shows buyers defending trend. After impulse move, market is consolidating near highs which usually signals continuation if support holds. RSI strong but not extreme yet, so upside momentum can continue.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$POWER still showing bullish structure but now in continuation phase after strong pump
Long $POWER
Entry: 0.735 – 0.755
SL: 0.708
TP1: 0.780
TP2: 0.820
TP3: 0.880
TP4: 0.950
Why:
Price holding above MA7 and MA25 with higher lows forming shows buyers defending trend. After impulse move, market is consolidating near highs which usually signals continuation if support holds. RSI strong but not extreme yet, so upside momentum can continue.
Trade $POWER here 👇
{future}(POWERUSDT)