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$POWER Signal】Short Squeeze Continuation! 1H Pullback Confirmation, Negative Funding Rate + Steady OI, Targeting Second Surge
$POWER After experiencing a significant rally, the 1H timeframe is consolidating strongly in the 0.91-0.96 range, refusing deep retracement. The 4H timeframe shows a steep upward trend, with EMA20 (0.62) and EMA50 (0.50) forming a strong support zone. Currently, the negative funding rate is as high as -0.39%, and OI remains stable, with prices holding firm. This is a typical sign of a short squeeze continuation, with shorts still being forced to cover. The 1H RSI (77)