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【$POWER Signal】Long + Volume and Price Breakout
$POWER Strong breakout after a 28.66% increase in volume, price action shows continuous absorption by buyers, with open interest rising simultaneously. This is a typical sign of main force entering rather than a short squeeze.
🎯 Direction: Long
🎯 Entry: 0.200 - 0.205
🛑 Stop Loss: 0.185 ( Rigid Stop Loss )
🚀 Target 1: 0.240
🚀 Target 2: 0.280
The breakout of $POWER is accompanied by an effective trading volume of over 33 million USD, indicating genuine demand. After the push, there was no panic selling, and the market structure remains healthy. Currently, the chart shows that the corrections on the lower time frame are quickly absorbed, indicating exhausted selling pressure and bullish control. As long as the price can stay above the breakout zone of 0.195, upward momentum is expected to continue.
Trade here 👇 $POWER
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