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【$POWER Signal】Long on 4H Bollinger Breakout
$POWER Current price 0.08365, the upper band of the 4H Bollinger has been broken at 0.0829, price is hovering outside the band.
The 1H MACD red bars are narrowing, bullish momentum is weakening.
Order book buy orders are slightly dominant, but there is a pile-up of sell orders around 0.0849 above.
Funding rate is 0.059%, bears are not panicking.
🎯Direction: Long
⚡Entry/Order: 0.0833991 - 0.0836500
🛑Stop loss: 0.0828135
🚀Target 1: 0.0849048
🚀Target 2: 0.0855321
🛡️Trade management: Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even.
If the price falls back into the entry zone, automatically exit to protect capital.
After a price surge, profit-taking pressure appears. The 1H RSI is 72.88, which is high; short-term chasing requires strict stop-loss.
If the 4H closes back inside the Bollinger bands, the bullish structure will weaken.
Risk-reward ratio 1.5, suitable for small positions with quick entries and exits.
Check real-time market 👇 $POWER
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