🚨 Rejection at Resistance — $POWR /USDT Short Opportunity
$POWR attempted a strong breakout toward the 0.0690 resistance zone, but the move was quickly rejected. Multiple long upper wicks and back-to-back bearish candles signal seller dominance and fading bullish momentum.
📉 The inability to hold above recent highs suggests a potential pullback is underway.
📊 Trade Setup: • Entry: 0.0665 – 0.0680
• Stop Loss: 0.0695
• TP1: 0.0650
• TP2: 0.0635
• TP3: 0.0620
⚠️ Momentum is shifting — watch for confirmation before entry and manage risk wisely.