📈 $POWER TRADE PLAN 👀
Bias: LONG (trend continuation, but chase carefully)
Entry (Pullback Buy): $0.295 – $0.300
Breakout Entry: Above $0.327 (with volume)
TP1: $0.327
TP2: $0.355
TP3: $0.40+
SL: $0.279 (strict)
$POWER just exploded higher and is now in price discovery mode, but momentum is overheated. Bulls are in control, yet risk of a pullback is rising.
🧠 Why LONG
• +33% breakout with $28M volume
• Price above all key EMAs → strong bullish structure
• MACD bullish expansion
• Long/Short flipped to 1.84 → shorts trapped
• All short positions currently underwater → squeeze risk
• Binance Alpha airdrop + ecosystem growth adds fuel
⚠️ Risk Notes
• RSI ~76 → overbought, pullback likely
• Avoid FOMO buys at highs
• “Mintable” contract = long-term inflation risk
🎯 Strategy
Buy pullbacks, or wait for clean breakout above $0.327.
Trade momentum — manage risk aggressively 📊🔥
