🚀 $POWR /USDT Technical Analysis 🚀
Current Price: $0.2437 (+6.23% in 24h)
Timeframe: 30m Chart on Binance
$POWR has shown strong bullish momentum, hitting a 24h high of $0.2810 before retracing to the $0.2437 level. The current consolidation indicates potential for another upward move or continued stabilization.
Key Levels and Targets
1️⃣ Immediate Resistance: $0.2500
A breakout above this level could signal a resumption of the bullish trend.
2️⃣ Next Target Zone: $0.2700
A critical level to watch, as it nears the recent 24h high and could attract strong trader interest.
3️⃣ Long-term Target: $0.3000
A psychological level that represents a significant milestone for sustained bullish movement.
Trading Strategy
Short-term traders: Look for entries near $0.2430, targeting $0.2500 and $0.2700.
Long-term investors: Accumulate near $0.2400 and hold for a potential move toward $0.3000.
📌 Support Levels:
Immediate support at $0.2400, with a stronger base at $0.2240.
Recommendation
Secure partial profits as the price approaches resistance levels. Monitor trading volume closely for breakout confirmation above $0.2500, and adjust stop-loss levels to minimize downside risk during potential pullbacks.