2025-12-30 03:21:49

Recently looked at POWER's trend, and it is indeed quite interesting. Over the past four days, it has been continuously rebounding, with the increase approaching double, looking quite fierce. However, last night after the price peaked at a high level, the reaction changed—signs of oscillation and decline began to appear.

From the daily chart, the downward trend has already become明显. More importantly, on the 1-hour chart, it is currently continuing to decline. This change in rhythm is quite clear, giving us many signals to enter the market. If you are also paying attention to this coin, now might be a good time to consider short positions.

POWER-3.25%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes

Reward
7
5
Repost
Share

Comment

0/400

BagHolderTillRetire

· 7h ago

Such a fierce rebound, starting to fall after hitting the top, turns out you still need to look at the hourly chart.

View OriginalReply0

FloorSweeper

· 7h ago

The rebound is doubling so quickly, it feels a bit fake... I've seen this kind of sharp drop from high levels many times before.

View OriginalReply0

HalfIsEmpty

· 7h ago

Doubling rebound so quickly, a sharp drop from high levels is the usual move --- This wave indeed hit the top, the 1-hour chart's trend can't be fooled --- Short position setup? I'll still wait and see, those who played the rebound yesterday are probably now trapped --- This coin POWER always behaves like this, rises sharply and falls sharply, you need a strong heart --- The daily chart has indeed turned, but I don't dare to chase the short, the risk ratio is still a bit high --- Things that double will eventually come back, now it's time to see who can outperform

View OriginalReply0

SillyWhale