$POWER JUST LOST ITS ROCKET FUEL BUT IS THE MOVE REALLY OVER?
Guys $POWER chart has changed fast, then got hit with aggressive selling and pulled back to 0.155.
๐ด Take big SHORT here
Entry: 0.158 โ 0.165
SL: 0.174
TP: 0.145 / 0.135
Support: 0.145 / 0.135
Resistance: 0.165 / 0.180โ0.208
WHY SHORT?
Weโre now seeing several red candles after the peak, with heavy volume during the reversal. For me, that means Iโd rather sell the bounce than chase the original pump.
The key zone is 0.158โ0.165. If $POWER bounces into this area and gets rejected, the short setup becomes much cleaner.
OPEN TRADE ๐๐ป
#NFA #TradingSignals
Guys $POWER chart has changed fast, then got hit with aggressive selling and pulled back to 0.155.
๐ด Take big SHORT here
Entry: 0.158 โ 0.165
SL: 0.174
TP: 0.145 / 0.135
Support: 0.145 / 0.135
Resistance: 0.165 / 0.180โ0.208
WHY SHORT?
Weโre now seeing several red candles after the peak, with heavy volume during the reversal. For me, that means Iโd rather sell the bounce than chase the original pump.
The key zone is 0.158โ0.165. If $POWER bounces into this area and gets rejected, the short setup becomes much cleaner.
OPEN TRADE ๐๐ป
#NFA #TradingSignals