📉 $POWR /USDT SHORT SETUP (4H)

Powerledger is showing signs of weakness after failing to hold its recent gains. The price is currently stuck under heavy resistance from the moving averages.

Entry Zone: $0.0635 - $0.0645

Take Profit 1: $0.0610

Take Profit 2: $0.0585

Take Profit 3: $0.0550

Stop Loss: $0.0675 (Above the MA25 resistance)

Analysis:

The 4H candles are forming a sideways pattern with a bearish bias. If the price fails to reclaim the $0.0650 level soon, we expect a breakdown toward the previous support zone near $0.0580.

#powr #Powerledger #powrusdt #cryptosignals #CryptoTrading

Would you like me to check the 24-hour volume to see if liquidity is dropping, which usually confirms a further slide?

POWERUSDT

Perp

0.08078

+5.47%