$POWER ‌POWER Market Update

POWER had a big spike recently, then cooled off and moved into a more stable range. Price is now trying to hold above the short moving averages, which is a good sign that sellers are slowing down.

On the short timeframe, momentum looks slightly better. If the price keeps closing above the fast MA/EMA levels, it may try another push toward the recent resistance zone. But if it slips back under the moving averages, we could see another dip toward support.

MACD is flattening out — not fully bullish yet, but it’s showing early signs of a possible reversal if buyers stay active.

Short view: Holding above short MA levels = possible bounce.
Medium view: Needs higher lows and stronger momentum before a clean trend shift.

(This is just a personal market view, not financial advice. Trade safe.)