Technical Analysis for $POWR
/USDT:
Current Price: $0.3069
24h Movement: +6.93%
Trend: Bullish (Solid upward momentum over the last 24 hours)
Key Levels:
1. Support Level: $0.2794 (24h Low)
2. Resistance Level: $0.3123 (24h High)
Target Levels 🎯:
1. Target 1: $0.3150 (Breakout above recent resistance)
2. Target 2: $0.3200 (Psychological level, potential to attract more buyers)
3. Target 3: $0.3300 (Extended bullish move)
Trade Momentum:
Positive Momentum: With a +6.93% increase in 24 hours and solid volume, upward momentum is likely to continue.
Volume Confirmation: POWR has seen a steady increase in buying volume, supporting bullish sentiment.
Trade Signal:
Buy Signal: Enter after a confirmed breakout above $0.3123 with bullish momentum.
Stop Loss: Set near $0.2960 to limit potential losses.
This signals a favorable short-term bullish outlook with clear entry and exit points. Let me know if you need further analysis or adjustments!