【$POWER Signal】Follow-up Buying Game + 1H Level Momentum Continuation

$POWER The 1H level is currently consolidating at a high after an epic rally, with momentum not yet exhausted. A single strong bullish candle on the 4H chart has laid a solid foundation for strength. Although RSI is severely overbought, in Hot Coin, overbought can become more overbought. The current price ranges between 1.48-1.56, showing a typical strong consolidation with stable open interest (OI) and a high negative funding rate of -1.5%, indicating potential short squeeze. Avoid missing out and target a second surge after a pullback.

🎯Direction: Long (Long)

🎯Entry/Order: 1.465 - 1.475 (Reason: 1H EMA20 dynamic support zone and the low of the previous hour’s candle )

🛑Stop Loss: 1.420 (Reason: Break below the Fibonacci 0.786 retracement of the previous rally and below the 1H structure )

🚀Target 1: 1.650 (Reason: The first psychological resistance since the high of 2.347 )

🚀Target 2: 1.850 (Reason: Based on the recent rally’s 1.272 Fibonacci extension level )

🛡Trade Management:

- Position Suggestion: Light position (Reason: Intraday increase exceeds 110%, volatility is high, prioritize risk management )

- Execution Strategy: Use aggressive management. When price reaches 1.60, move stop loss up to entry price 1.475. After reaching Target 1, reduce position by 60%, remaining position aims for Target 2. If price quickly falls below 1.45 with no rebound, cancel orders and wait for new signals.

Deep Logic: The 4H buy/sell ratio remains around 0.52, indicating not purely retail FOMO. The negative funding rate of -1.5% is a strong short squeeze signal, with high short position costs. Although the 1H RSI is at a high of 87 and appears dull, sideways consolidation replaces downward correction, a very strong feature. Sell orders are stacked above 1.487, but buy orders are still substantial; breaking this zone could trigger short stop-loss orders. Market logic suggests monitoring OI; current OI is stable, price remains firm, indicating main force support or new funds entering.

View real-time market 👇 $POWER

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