Price made a massive breakout after a long flat range, pushed up to around the 0.25 zone, and now pulling back naturally. MA5 is still above MA10, showing the trend is cooling off but not broken yet. If it holds above the short-term support around 0.21–0.22, momentum can rebuild again.
Short-term outlook:
Holding above MA10 keeps the uptrend alive.
Break above recent top may open room toward higher levels.
If candles close below MA10 for long, expect deeper correction.
This is just my personal view — trade safe.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$POWER POWER quick update:
Price made a massive breakout after a long flat range, pushed up to around the 0.25 zone, and now pulling back naturally. MA5 is still above MA10, showing the trend is cooling off but not broken yet. If it holds above the short-term support around 0.21–0.22, momentum can rebuild again.
Short-term outlook:
Holding above MA10 keeps the uptrend alive.
Break above recent top may open room toward higher levels.
If candles close below MA10 for long, expect deeper correction.
This is just my personal view — trade safe.