POWER pulled a strong move earlier, touching around 0.256 before cooling off. Right now it’s sitting in a clean consolidation zone near 0.228. The price is riding close to MA5/MA10, and MA20 is acting as the main support on the short timeframe.
Short-term view: Market looks steady. If the price holds above the mid-band and volume steps back in, another push toward the recent high is possible. If candles slip below the MA20 area, we may see a retest toward the lower range.
Mid-term view: Trend is still positive overall. Consolidation after a breakout usually means the market is catching its breath. Watching how it reacts around 0.22–0.23 is key.
This is just my own observation — not financial advice. Trade safe and size properly.
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$POWER POWER Market Update (15m–4h View)
POWER pulled a strong move earlier, touching around 0.256 before cooling off. Right now it’s sitting in a clean consolidation zone near 0.228. The price is riding close to MA5/MA10, and MA20 is acting as the main support on the short timeframe.
Short-term view:
Market looks steady. If the price holds above the mid-band and volume steps back in, another push toward the recent high is possible.
If candles slip below the MA20 area, we may see a retest toward the lower range.
Mid-term view:
Trend is still positive overall. Consolidation after a breakout usually means the market is catching its breath. Watching how it reacts around 0.22–0.23 is key.
This is just my own observation — not financial advice. Trade safe and size properly.