Post
BullishBanter
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Bearish$POWER Almost at the Top! Short it!
POWER has made a huge pump of more than 75% and reached the strong resistance near $0.89. But now the price is showing clear rejection from the top. The volume increased fast, but the price stopped moving up. This is a warning sign that buyers are getting trapped and big players may already be preparing to sell.
Many traders think strong volume means more upside, but this sudden spike often works as bait to attract late buyers. After such a big rally, smart money usually takes profit, and the market turns down quickly. The recent rejection from resistance confirms weakness, and the next move can be a sharp drop as momentum fades.
Yesterday’s move already tested the resistance. Now this looks like the final trap before a bigger correction. Be careful with longs here — the next move is likely to be a real crash and run! 🈳👇
$POWER
{future}(POWERUSDT)
POWER has made a huge pump of more than 75% and reached the strong resistance near $0.89. But now the price is showing clear rejection from the top. The volume increased fast, but the price stopped moving up. This is a warning sign that buyers are getting trapped and big players may already be preparing to sell.
Many traders think strong volume means more upside, but this sudden spike often works as bait to attract late buyers. After such a big rally, smart money usually takes profit, and the market turns down quickly. The recent rejection from resistance confirms weakness, and the next move can be a sharp drop as momentum fades.
Yesterday’s move already tested the resistance. Now this looks like the final trap before a bigger correction. Be careful with longs here — the next move is likely to be a real crash and run! 🈳👇
$POWER
{future}(POWERUSDT)
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