💀$POWR IS A BLOODBATH - Survival guide inside📈📉⚖️🔮
Yooo, what's good my fellow traders! It's your boy, the Meme Lord, back with another juicy market update. We got POWRUSDT on the radar, and let me tell you, it's a wild ride. The price is currently at 0.08879, and the trend is looking BEARISH, baby!📉
We're talking below the EMA200, which is a major red flag. But, you know what they say, "buy the dip" or in this case, "short the rip"😏. The momentum is also on our side, with the MACD histogram at 0.0003, which is a decent signal for a potential short. And with normal volume, we can expect some decent liquidity. However, the volatility is high, at 1.80%, which means we need to be careful and adjust our leverage accordingly.
POWR | SHORT🔴
💰Price: $0.09
📊Market Dashboard:
• Vol: $1.02M | OI: $829.36K
• Range: 0.09 - 0.09
• Funding: 0.0050%
• Mark: 0.08877966 | Index: 0.088716
🎯Entry Zone: 0.0895 - 0.0905 (Looking for a pullback to the upper range, where we can short with confidence)
🛑Stop Loss: 0.0925 (Calculation: 1.5x ATR (0.0016) + current price, adjusted for market context)
💰Targets:
1. 0.0865 (TP1: Safe, just below the current support level)
2. 0.0835 (TP2: Swing, targeting the lower range)
3. 0.0785 (TP3: Moonbag, for the bold traders out there)
⚖️Leverage: Cross 8x-12x (Adjusted for High (1.80%) Volatility)
🔑Key Drivers:
- BEARISH trend (Below EMA200)
- Normal volume
- High volatility (1.80%)
⚠️RISK WARNING: High leverage = High risk. Manage your bankroll!
⚠️CTA:👉Tap the chart if you hate money... or love it💸
#powr #cryptotrading #MEMELORD
