POWER has recently shown several risk signals on the 1-hour level, which is worth following.

From the K-line pattern, the coin price closed with a significant long upper shadow at a high of 0.36557— the length of the upper shadow far exceeds the body part, indicating that the bears exerted pressure near the upper Bollinger Band at 0.35419, but ultimately could not hold steady. Interestingly, the trading volume surged to 6.82 million, yet the price remained unchanged and even declined, a typical case of volume-price divergence.

Looking at the indicators, wow, there are all dangerous signals piled up together. The upper band of the Bollinger Bands has started to flatten out or even turn, with the K-line closing at 0.36407 (this position is basically today's high point), almost forming a "shooting star" shape. The red bars on the MACD are shrinking, and the DIF is about to cross the DEA; the three lines of the KDJ are all stuck together in the overbought area of 88-103, with the J line already turning downwards; the most eye-catching is the RSI(6) shooting up to 86.5, seriously overbought, forming a typical bearish divergence with the price.

At this pace, if the bears really gain strength, the range of 0.3600-0.3630 might be a good entry point, and the next step is to see if it can break down to 0.3000.