$POWER The 1H timeframe, after experiencing a sharp shakeout, found support near EMA20 (1.73), with the price regaining above 1.88, indicating short-term momentum is returning. Although the 4H timeframe is still oscillating at high levels, the negative funding rate (-0.34%) combined with stable OI suggests that bears are still paying high costs, indicating potential for a short squeeze. Currently, the 1H RSI (62.42) is healthy, and the bid/ask ratio (2.01) favors buyers, providing a basis for a short-term rebound.
🎯Direction: Long (Long)
🎯Entry/Order: 1.880 - 1.890 range
🛑Stop Loss: 1.760 (Based on previous low 1.761 and ATR)
🚀Target 1: 2.020 (Previous high resistance)
🚀Target 2: 2.200 (Extension target after breaking previous high)
🛡️Trade Management:
- Position suggestion: Light position (Reason: 4H is at a high level with extreme volatility)
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position for Target 2; if the price retraces and falls below the entry zone of 1.88, exit unconditionally.
Depth logic: Market logic indicates that price increases should be confirmed with OI. Currently, OI remains stable after major price shocks, and the negative funding rate persists, which is typical of a short squeeze structure—bears have not exited, but the price has stabilized. The buy depth on the 1H level significantly exceeds sell depth (imbalance 33.56%), indicating strong support below. The key is whether the price can hold above the 1H EMA20 (1.7307), which is the short-term bull-bear dividing line.
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【$POWER Signal】Short Squeeze Rebound + 1H Momentum Regression
$POWER The 1H timeframe, after experiencing a sharp shakeout, found support near EMA20 (1.73), with the price regaining above 1.88, indicating short-term momentum is returning. Although the 4H timeframe is still oscillating at high levels, the negative funding rate (-0.34%) combined with stable OI suggests that bears are still paying high costs, indicating potential for a short squeeze. Currently, the 1H RSI (62.42) is healthy, and the bid/ask ratio (2.01) favors buyers, providing a basis for a short-term rebound.
🎯Direction: Long (Long)
🎯Entry/Order: 1.880 - 1.890 range
🛑Stop Loss: 1.760 (Based on previous low 1.761 and ATR)
🚀Target 1: 2.020 (Previous high resistance)
🚀Target 2: 2.200 (Extension target after breaking previous high)
🛡️Trade Management:
- Position suggestion: Light position (Reason: 4H is at a high level with extreme volatility)
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position for Target 2; if the price retraces and falls below the entry zone of 1.88, exit unconditionally.
Depth logic: Market logic indicates that price increases should be confirmed with OI. Currently, OI remains stable after major price shocks, and the negative funding rate persists, which is typical of a short squeeze structure—bears have not exited, but the price has stabilized. The buy depth on the 1H level significantly exceeds sell depth (imbalance 33.56%), indicating strong support below. The key is whether the price can hold above the 1H EMA20 (1.7307), which is the short-term bull-bear dividing line.
View real-time quotes 👇 $POWER
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