$POWER /USDT — +75% Monster Pump! Is $2.35 Next? 🚀
$POWER is absolutely exploding today, up +75.42% to $1.766**, after ripping from a low of **$1.006 all the way to a 24H high of $2.347! Let's break down this massive move.
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🔍 Chart Analysis & Key Levels:
✅ Resistance Levels:
· Immediate: $1.781 → $1.954 (current resistance zone)
· Major: $2.018 → $2.347 (24H high)
· Breakout Target: $2.50+ (psychological)
✅ Support Zones:
· Primary: $1.764 (MA8) — must hold for continuation
· Secondary: $1.705 → $1.641 (pullback zones)
· Critical: $1.622 (structure support)
📊 Volume Insight:
· Current volume: 1.44M (below MA5 of 4.47M) → momentum cooling after peak
· 24H volume in USDT: $1.63 BILLION — massive institutional interest
· Volume surge during pump confirms strong buying pressure
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📌 What This Means:
· Price is consolidating near highs after a vertical rally
· Trading at MA(8) support — decision zone
· 24H range is massive: $1.006 → $2.347 (133% move!)
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🎯 Trade Ideas:
LONG if:
· Holds above $1.764 (MA8)
· Breaks $1.781 → $1.954 with volume
· Target: $2.018 → $2.347 → $2.50+
SHORT only if:
· Rejected at $1.781–$1.954 with low volume
· Loses $1.764 support
· Target: $1.705 → $1.641 → $1.622
Stop loss for longs: Below $1.70**
**Stop loss for shorts:** Above **$1.80
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⚠️ Risk Note:
· Extreme volatility — up 75% with a 133% intraday range
· Mark price $1.769 aligned — funding stable for now
· This is a high-risk momentum play — use tight stops
· Watch for profit-taking near $2.00–$2.35 zone
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💡 Final Take:
$POWER is showing incredible strength with **$1.63B in 24H volume**. If it holds above MA8, another leg up could target $2.35+. But with pumps this big, corrections can be just as violent.
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Trade smart. Not financial advice.
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⬇️ Are you long, short, or waiting for a clearer entry?
#power #BlockAILayoffs #JaneStreet10AMDump @PowerPool