Post
509_JonyDong
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Bearish$POWER remains unable to convert this rebound into genuine momentum.
$POWER - SHORT
Trade Plan:
Entry: 0.08258 – 0.08330
SL: 0.08510
TP1: 0.08079
TP2: 0.08007
TP3: 0.07864
Why this setup?
The 4h chart is forming a SHORT setup, supported by a range-bound daily context. Focus is on the reaction near 0.08258 – 0.08330 (mid 0.08294), not the bounce. RSI 15m at 37 still favors downside (momentum is neutral enough for continuation). 15m volume shows 583.77K against a 146.75K 1H baseline (3.98x), confirming rejection.
Debate:
Will TP1 be hit first, or will the zone fail before the move begins?
Click bellow for trade 👇
$POWER - SHORT
Trade Plan:
Entry: 0.08258 – 0.08330
SL: 0.08510
TP1: 0.08079
TP2: 0.08007
TP3: 0.07864
Why this setup?
The 4h chart is forming a SHORT setup, supported by a range-bound daily context. Focus is on the reaction near 0.08258 – 0.08330 (mid 0.08294), not the bounce. RSI 15m at 37 still favors downside (momentum is neutral enough for continuation). 15m volume shows 583.77K against a 146.75K 1H baseline (3.98x), confirming rejection.
Debate:
Will TP1 be hit first, or will the zone fail before the move begins?
Click bellow for trade 👇
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