【$POWER Signal】Pullback to add longs + 1H level retest confirmation, negative fee rate short squeeze logic still in effect

The 1H level is oscillating and digesting near a critical support zone (1.69-1.73), while the 4H level remains in a strong consolidation phase after a massive rally. The current price is 1.735. From a 1H perspective, it has just experienced a deep correction from 1.97 to 1.65 and is now finding initial support around 1.69 (1H EMA20). The 4H candlestick shows a long lower shadow, indicating strong buying support below. The core logic is: with a negative fee rate as high as -0.41% and open interest (OI) remaining stable, the price has not further plummeted. This is a typical short squeeze or main force support structure, with enormous short covering pressure.

🎯Direction: Long $POWER Long(

🎯Entry/Order: 1.720 - 1.735 (current price range can be entered directly or wait for a slight pullback)

🛑Stop Loss: 1.650 (break below previous low 1.652, structure broken)

🚀Target 1: 1.900 (previous high resistance zone, also the first rebound target at the 4H level)

🚀Target 2: 2.020 (break through previous high, aiming at the historical high area)

🛡️Trade Management:

- Position suggestion: Light position (Reason: intraday volatility is extremely high, with daily swings exceeding 80%, risk exposure must be controlled)

- Execution strategy: When price reaches 1.90, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price of 1.735. If the price cannot hold above 1.80 and falls back, consider exiting early.

Deep logic: Market depth shows sell orders accumulating above 1.7357 (127+), but buy orders below 1.7355 are also dense, forming a short-term standoff. The 1H RSI (56.61) is in a neutral to slightly strong zone, with momentum for another upward push. Most importantly, despite such a large rally and negative fee rate, open interest has not decreased significantly, indicating intense battle between bulls and bears, with no large-scale profit-taking by longs. The short squeeze may not be over yet. Combined with the 4H EMA50 (0.8059) well below the current price, the medium-term trend remains upward. A retest at this level presents a short-term sniper opportunity.

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