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🧭 $POWER : Reclaiming Momentum Amid Institutional Catalysts
The price of Power ($POWER) is currently trading at $0.08597, showing minor recovery signs after defending its lower boundaries. On the 4-hour chart, $POWER has established a local support floor at the critical level of $0.08236, indicating that buyers are stepping in to absorb selling pressure and halt the correction.
Long $POWER
Entry Zone: $0.08450 – $0.08650
Stop Loss (SL): $0.08100
Target 1 (TP1): $0.09100
Target 2 (TP2): $0.09500
Target 3 (TP3): $0.09900
Market Analysis
$POWER is steadying within an accumulation phase following its recent drop from local highs near $0.09952. The test and quick rejection of the $0.08236 low demonstrates localized liquidity protection as market participants begin rebuilding long exposure.
With the 24-hour high currently sitting at $0.09022, a decisive candlestick close above the immediate minor market structure will shift the short-term bias back into bullish control, paving the way for a multi-target expansion upward.
#GateSquareMayTradingShare