$POWER's recent performance is starting to show signs of fatigue. Multiple upward attempts have failed to effectively break through previous highs, and each rally lacks follow-through momentum. Instead, selling pressure above is becoming more apparent. This kind of stagnation usually indicates that a correction phase may be upcoming.
From a technical perspective, the current price level can indeed be considered for short positions. However, one should be cautious—before a genuine decline, there is often a final trap rally designed to lure in buyers. This is a common pattern. If you can grasp the direction correctly, the gains can be substantial, but the premise is that you are responsible for your trading decisions.
Of course, there are no absolute rules in trading. If your bullish logic is valid, you can continue to go long. The key is to act according to your own judgment and risk tolerance.
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GateUser-4289b2ba
· 19h ago
If you don't understand, don't make a fuss.
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WalletDetective
· 21h ago
The trap of诱多 is back again. Can we escape this time?
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POWER this wave is indeed a bit awkward, rising daily with selling pressure every day, cycling through
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Making money on short positions is easy, but I'm just worried about being blown out by the last surge
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Tsk, after saying all that, I still have to judge for myself. So why should I listen to you haha
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I've seen through the stagnation early on, but the key is when to take action
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Alright, betting on a sharp drop before诱多, either profit or loss
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Feels like this kind of analysis is always correct, but I always lose money in the opposite direction
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Such obvious selling pressure yet still pushing upward, how strong must the mentality be
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Oh wow, it's that same "grasp the direction to make money" argument again
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Let's wait and see, anyway the decline is inevitable
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DeepRabbitHole
· 21h ago
Oh no, it's the same trap again, I was just saying when it will finally rise steadily.
They're starting to manipulate again, short positions need to be cautious.
The stagnation looks so uncomfortable...
POWER really has no strength in this wave, feels like it's going to cool off.
With such strong selling pressure, how can it still rise? Something's off.
The final surge is definitely to trap the retail investors, I won't fall for it this time.
It looks like it's going to drop, but I just don't dare to act haha.
Instead of stressing over this, it's better to wait for a clearer signal before making a move.
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MevHunter
· 21h ago
I've seen this pump-and-dump tactic too many times; I always have to be on edge.
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wrekt_but_learning
· 21h ago
The trap of inducing buying is here again. Can we escape this time?
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POWER is really a bit weak this wave, it looks uncomfortable
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Selling pressure is getting heavier... feels like something's going to happen
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The last wave of rally is coming, everyone be careful
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That's right, anyway I am bearish, taking a gamble
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The technical indicators are indeed a bit risky, but who knows
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Stagnation? I thought this was just the beginning
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All signals before the trap are in place, it's time to act
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Short position ideas sound good, but I'm worried about getting trapped
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The probability of this decline is indeed quite high
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Is POWER going to cool off? Or continue? I'm a bit unsure
$POWER's recent performance is starting to show signs of fatigue. Multiple upward attempts have failed to effectively break through previous highs, and each rally lacks follow-through momentum. Instead, selling pressure above is becoming more apparent. This kind of stagnation usually indicates that a correction phase may be upcoming.
From a technical perspective, the current price level can indeed be considered for short positions. However, one should be cautious—before a genuine decline, there is often a final trap rally designed to lure in buyers. This is a common pattern. If you can grasp the direction correctly, the gains can be substantial, but the premise is that you are responsible for your trading decisions.
Of course, there are no absolute rules in trading. If your bullish logic is valid, you can continue to go long. The key is to act according to your own judgment and risk tolerance.