Trading Signals for $POWR Powerledger
Entry Range: $0.2650 - $0.2750
Stop-Loss (SL): $0.2615
Take Profit (TP): $0.2784 - $0.3150

POWR has shown increased trading volume, with a significant 24-hour volume surge of 262.66%, pushing the Vol/Mkt Cap ratio to 51.84%, suggesting high liquidity and trader interest. Currently, POWR is consolidating between $0.253 (support) and $0.2823 (resistance), forming a potential ascending triangle pattern, which often precedes an upward breakout. Scalpers can target quick momentum-driven trades within the mentioned entry range.

The 1-hour chart indicates price stabilization near the $0.270 level with increased volatility, ideal for short-term scalping. If the price breaks below $0.253, a short position can be considered, targeting lower supports around $0.245.

Strategy:

Long Position: Enter near $0.2650, targeting a breakout above $0.2750, with TP zones as high as $0.3150.
SL: $0.2615

Short Position: If POWR fails to break $0.2823 resistance, enter near $0.2800.
Target lower levels around $0.2650 with an SL at $0.2850.

🥂 Trade Here 👇$POWR

🚨 Note: Trade at your own risk. Always DYOR (Do Your Own Research).

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