POWER tokens started to rebound after dropping to a low of 0.27. From a technical perspective, this rebound has some points of interest. The 15-minute K-line shows a unilateral upward trend, and the 4-hour chart has stabilized the downward trend. Currently, the price is hovering around 0.309. From a chip perspective, the accumulation signals at low levels are quite clear, and the bullish expectation is gradually being released.
Regarding entry strategy, considering the current around 0.309 is relatively safer for positioning. Set the stop loss below 0.285 to prevent extreme pullbacks. The target levels are as follows: the first at 0.312 to take partial profits, the second around 0.318 to reduce positions again, and 0.322 is a resistance zone. If a smooth breakthrough occurs, 0.365 becomes the next target. Once a key breakdown is broken, further participation can be considered to seek higher gains. Overall, this rebound still has opportunities.
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0xOverleveraged
· 13h ago
Damn, it rebounded again. Did I really catch the bottom at 0.27?
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GateUser-afe07a92
· 13h ago
0.309 feels good to enter, testing the waters with a small amount first. Is the target of 0.365 real or just another scam to cut leeks...
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ETH_Maxi_Taxi
· 13h ago
Everyone who bought the dip at 0.27 is laughing. With this rebound strength, can it break through 0.365?
POWER tokens started to rebound after dropping to a low of 0.27. From a technical perspective, this rebound has some points of interest. The 15-minute K-line shows a unilateral upward trend, and the 4-hour chart has stabilized the downward trend. Currently, the price is hovering around 0.309. From a chip perspective, the accumulation signals at low levels are quite clear, and the bullish expectation is gradually being released.
Regarding entry strategy, considering the current around 0.309 is relatively safer for positioning. Set the stop loss below 0.285 to prevent extreme pullbacks. The target levels are as follows: the first at 0.312 to take partial profits, the second around 0.318 to reduce positions again, and 0.322 is a resistance zone. If a smooth breakthrough occurs, 0.365 becomes the next target. Once a key breakdown is broken, further participation can be considered to seek higher gains. Overall, this rebound still has opportunities.