$POWER is consolidating after a sharp sell-off, but the overall structure remains weak. The bounce from the 0.162 area is corrective, not impulsive, and price is struggling to move away from the lower range. This tells us buyers are reacting, not taking control.
Price is currently trading below the prior breakdown zone and below the short-term value area. As long as $POWER stays capped below the 0.176–0.180 zone, upside moves are likely to face selling pressure rather than continuation. Sellers are still defending this area effectively.
On the downside, 0.162 is the key support. A loss of this level would likely trigger another leg lower toward 0.155–0.150. Only a clean reclaim and hold above 0.180 would shift bias back to bullish — until then, short setups remain more favorable.
$POWER Scalp Trade Plan
🔻 Short Scalp
Entry Zone: 0.174 – 0.178
TP1: 0.165
TP2: 0.155
Stop Loss: 0.182
Leverage: 20x – 40x
Margin: 2% – 5%
Risk Management: Take partial at TP1 and move stop to entry
⚠️ Important:
If price breaks and holds above 0.180, do not short — bearish structure is invalidated.
Short #POWER Here 👇👇👇
