【$POWER Signal】Pullback to Long + 1H Level Strong Shakeout Stabilizes

$POWER The 1H level has just completed a deep shakeout (from 0.461 down to 0.422) after a significant rally, and quickly V-shaped recovery above EMA20(1H), indicating strong buying support. The 4H candle forms a large bullish candle establishing an upward trend. Currently, the price is consolidating at a high after breaking out, which is a healthy pullback. Negative funding rate + stable open interest + dominant buying depth suggest clear main force support, typical of a short squeeze continuation.

🎯Direction: Long (Long)

🎯Entry/Order: 0.452 - 0.455 (Reason: 1H EMA20 dynamic support zone, also the previous pullback low platform)

🛑Stop Loss: 0.422 (Reason: Falling below previous low and V-shaped reversal point, invalidating bullish structure)

🚀Target 1: 0.471 (Reason: Breakout of previous high resistance, 4H previous high)

🚀Target 2: 0.500 (Reason: Psychological integer level and 1.618 Fibonacci extension)

🛡️Trade Management:

- Position suggestion: Light position (Reason: Intraday volatility is extremely high, ATR reaches 0.0228, strict risk control needed)

- Execution strategy: When price reaches 0.471, reduce position by 50% to lock in profits, and move the remaining stop loss up to entry price 0.455. If the price cannot hold above 0.455 and falls below again, exit immediately and observe.

Deep logic: Open interest remains stable amid sharp price fluctuations, indicating that bulls have not exited in large numbers, suggesting a shakeout rather than distribution. The 1H RSI(66.49) has fallen back from overbought to a healthy zone, preparing for another upward move. Market depth shows buy orders are stacked (depth imbalance 25.78%), and sell pressure is relatively sparse, favorable for upward breakout. Coupled with negative funding rates, shorts are still being squeezed, and upward momentum remains.

View real-time market 👇 $POWER

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