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$POWR | 1h | Breakdown Short
Bias: Short
Entry Zone: 0.0552 to 0.0562
Stop Loss: 0.0610
Targets:
TP1: 0.0538
TP2: 0.0515
TP3: 0.0498
Invalidation:
Close above 0.0610
Why This Setup:
I’m shorting into the post-rally exhaustion after a sharp spike into the 0.060 area. Price is now stalling below that high, and I want a rejection or breakdown back through the 0.055 support for continuation lower.