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$POWR /USDT – Breakdown or Bounce Incoming? ⚠️
$POWR is sitting at $0.1858, down -2.36%, and hovering just above its 99-day moving average. With RSI flashing deep oversold signals, is a reversal on deck or are we headed lower? Let’s dig into the data! 🔍
📊 Market Overview
📍 Current Price: $0.1858
📈 24h High: $0.1962
❄️ 24h Low: $0.1844
📊 Volume:
POWR: 2.02M
USDT: 385,341
📉 Moving Averages:
MA(7): $0.1915
MA(25): $0.1918
MA(99): $0.1855 (sitting right on key long-term support!)
📉 RSI (6): 23.20 (Extremely oversold – watch for a sharp move)
📊 MACD: Bearish but nearing potential crossover
📈 POWR Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If POWR reclaims $0.1880+):
Entry: Above $0.1885
Targets: $0.1925, $0.1960, $0.2000
Stop-Loss: $0.1830
🔹 Bearish Scenario (If POWR breaks below $0.1840):
Entry: Below $0.1835
Targets: $0.1790, $0.1750, $0.1700
Stop-Loss: $0.1890
🔍 Should You Hold or Sell?
✅ RSI at 23 = bounce territory; eyes on volume spikes
✅ Holding MA(99) = structure still intact, but barely
⚠️ A break below $0.1840 = opens doors to fast downside
💡 Pro Tip:
📌 If bulls reclaim $0.1885 with volume, upside potential toward $0.20 is strong
📉 Low-volume consolidation = stay cautious—dead cat bounce risk remains
📢 Holding POWR or planning to short it? Drop your strategy in the comments! 👇
🔥 LIKE & SHARE if you’re finding these setups helpful for your trading edge! 🚀
$POWR #POWR #Crypto #Binance #Altcoins #Write2Earn