【$POWER Signal】Long Position - Short Squeeze Continues

$POWER After a surge with high volume, the price consolidates strongly at a high level. This is a typical short squeeze (Short Squeeze) continuation pattern, not a top.

🎯 Direction: Long

🎯 Entry: 0.405 - 0.415

🛑 Stop Loss: 0.374 ( Breaks below the previous 4H candle's low, rigid stop loss)

🚀 Target 1: 0.480

🚀 Target 2: 0.520

Hardcore Logic: Although RSI is as high as 85, the funding rate remains positive (0.0976%) and open interest (OI) is stable, ruling out the possibility of major players pushing the price up to dump. The depth imbalance is as high as 60%, with buy orders four times thicker than sell orders, indicating strong support below and active institutional accumulation.

The 4H candlestick shows a healthy pattern of “uptrend - volume contraction consolidation - further upward movement,” with buyers continuously absorbing each small pullback. The price remains firmly above the EMA20 (0.304), indicating an intact trend. The current consolidation zone is exactly the support area that was previously resistance, and as long as it holds, the short squeeze will push the price toward the Fibonacci extension zone of 0.48-0.52.

Trade here 👇 $POWER

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