$POWR Shocks the Market: $3.2886K Long Liquidation at $0.30549! âĄď¸
POWR just dropped a bombshell, liquidating $3,288.60 in long positions at $0.30549! The bulls thought they had the upper hand, but this brutal liquidation marks a serious warning sign. The bears are stepping in, and a deeper correction may be on the horizon.
đĽ What Happened? 1ď¸âŁ Sellers are gaining control as price fails to maintain the upward momentum.
2ď¸âŁ This liquidation could signal the start of a short-term downturn, but watch closelyâthis might be the calm before the storm.
đ Key Levels to Monitor:
Support: $0.290 â A critical level for bulls to defend.
Resistance: $0.315 â A push above this could suggest the bulls are trying to regain control.
đŻ Target Zones:
Short-term: $0.280 â A retracement is likely before the next big move.
Mid-term: $0.320 â If the bulls reclaim momentum, this is the next key resistance level.
â ď¸ Risk Management:
For those looking to enter long again, a stop-loss near $0.285 can protect against further losses.
đĽ POWR is in a dangerous zone right now. If youâre not already in, proceed with caution and watch for signs of stabilization before making your next move!
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