⚡ From $4.00 to $1.40 — Is This the Real Reset?
POWER printed a blow-off spike near $4.00, then violently retraced to the $1.40 zone.
That’s a ~65% correction in a short window.
So the question is simple:
🔄 cycle reset… or 📉 trend reversal?
📊 What the Structure Shows:
🧯 RSI fully cooled from extreme overbought
🧱 $1.30–$1.40 acting as short-term demand
📈 Higher timeframe MAs still sloping upward
💧 Liquidity pocket sits below $1.20
🎯 Scenarios:
🟢 Hold $1.30–$1.40 → reclaim $1.70 → momentum back toward $2.00
🔴 Lose $1.30 → sweep $1.20 liquidity → deeper structural test
Parabolic moves don’t die quietly — they reset violently.
Is this the shakeout before continuation? 👀🔥
#Web3Wallet #FL52RZXN #power #BTC