🈲🚨Title: 💥 $POWER USDT Perp: Short Setup After the Spike
#ShortMaestro #POWERUSDT @POWER 💪🔥😨SEE PLAN👉👉👉
💲💶Pair: $POWER USDT💲
🎯💶😱Market Bias: Bearish (Short-term pullback/Reversal)
Key Levels:
💲💸🔥· Current Price: 1.8111
· Resistance (Invalidation): 1.9290
· Stop Loss: 1.85 (Conservative) / 1.93 (Aggressive)
· Targets:
· 🎯 TP1: 1.7428
· 🎯 TP2: 1.6378
· 🎯 TP3: 1.5328
Analysis:
POWER is seeing massive volume (1.04B), but after hitting a 24h high of 2.347, it has retraced sharply. Price is currently hovering near the pivot level (1.8107). The rejection from the highs suggests sellers are stepping in.
😨💶💪Trade Plan:
I am looking for a break and retest below the 1.810 support on the 15m/1h chart to enter short. If price fails to hold current levels, we could see a swift move back toward the lower support zones.
Risk Management:
· Leverage: Low (Cross or Isolated 3-5x)
· Monitor the 24h High Volume closely. If volume dries up, the bounce might be weak.
What's your take? A continuation down or a bounce from here?
#BİNANCE #TradingSignal #TechnicalAnalysis