$POWR /USDT Trading Signal - Testing Immediate Resistance
Current Price: $0.2724
24H Range: $0.2663 - $0.2952
Analysis:
POWR is down 7.06% in the last 24 hours, forming a potential double-bottom pattern near $0.2663. The price is trading below the EMA(25) and EMA(99), suggesting a bearish trend, but the EMA(7) at $0.2735 might act as an immediate resistance level.
Potential Setup:
Entry Zone: $0.2700 - $0.2730
Targets:
Target 1: $0.2780
Target 2: $0.2850
Target 3: $0.2900
Stop Loss: $0.2650
Observation:
A break above EMA(7) could signal a short-term recovery towards EMA(25) and higher levels. However, failure to sustain above $0.2735 may lead to further downside.
Actionable Advice:
Watch for volume confirmation above $0.2730 for bullish entry.
Trail stop-loss near $0.2720 as the price approaches the targets.
#CryptoTrading #AIMarketCapDip #BullCyclePrediction #TrumpBTCBoomOrBust #NonFarmPayrollsImpact