โก $POWER USDT: The Volatility Trap โ Breakout or Fakeout? โก
โThe POWERUSDT chart on the 4H timeframe is flashing signs of extreme momentum. We are currently testing a major multi-month resistance zone. While the immediate trend is aggressively bullish, the indicators suggest we are at a "make or break" pivot point.
โ๐ Technical Breakdown
โPrice Action: The token is pushing against the 0.2000 psychological barrier. A clean 4H candle close above this could trigger a massive squeeze.
โThe RSI Factor: At 79.51, the RSI is deeply overbought. Historically, such spikes lead to either a "parabolic run" or a "sharp rejection."
โEMAs: We are seeing a healthy gap between price and the EMA(7) (0.1728), acting as the first dynamic support.
โ๐ SHORT SETUP: The Rejection Play
โStrategy: Betting on a double-top rejection or RSI cooling off.
โEntry: 0.1890 โ 0.1980 (Scalp entries on 15m weakness)
โTarget 1: 0.1730 (EMA 7 retest)
โTarget 2: 0.1645 (EMA 25 support)
โStop Loss: 0.2030 (Above the 24h high)
โ๐ LONG SETUP: The Momentum Breakout
โStrategy: Riding the wave if 0.20 becomes support.
โEntry: 0.2010 (After a confirmed break and retest of resistance)
โTarget 1: 0.2220
โTarget 2: 0.2450 (Previous structural high)
โStop Loss: 0.1870 (Below the current consolidation)
โ๐ก Pro Tip: The current volume is high ($22.50M USDT), making this a high-leverage danger zone. Watch the 0.1970 level closely; if the bulls fail to hold it, the short setup becomes the higher probability trade.
โ
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