【$POWER Signal】Short Sell | Short Squeeze Failure + Triple Top Divergence Resonance
After a single-day surge of 48%, a clear supply zone has formed around 0.40, and the price is cooling off. RSI has reached 81.9, indicating severe overbought conditions, and on the 4H timeframe, a bearish divergence appears with new price highs but RSI not making new highs.
🎯Direction: Short Sell
🎯Entry: 0.380 - 0.395
🛑Stop Loss: 0.405 $POWER Rigid stop loss, invalidating the breakout above the previous high(
🚀Target 1: 0.345
🚀Target 2: 0.320
Hardcore logic: This is not a healthy trend continuation. 1) Funding rate is as high as +0.057%, indicating extremely crowded long leverage, creating conditions for a short squeeze or main force distribution. 2) Open interest )OI( stabilized after the surge, with no signs of continuous inflow, indicating weak new buying. 3) Depth imbalance shows significant sell orders )Asks( accumulated above 0.3763 (3442 contracts), forming a short-term resistance wall. 4) The price has deviated significantly from EMA20 )0.2812(, indicating a need for mean reversion. Overall, this is a typical “bullish exhaustion” structure, with high fees + top divergence + supply zone, making it a high-probability shorting setup.
Trade here 👇 ) ---
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【$POWER Signal】Short Sell | Short Squeeze Failure + Triple Top Divergence Resonance
After a single-day surge of 48%, a clear supply zone has formed around 0.40, and the price is cooling off. RSI has reached 81.9, indicating severe overbought conditions, and on the 4H timeframe, a bearish divergence appears with new price highs but RSI not making new highs.
🎯Direction: Short Sell
🎯Entry: 0.380 - 0.395
🛑Stop Loss: 0.405 $POWER Rigid stop loss, invalidating the breakout above the previous high(
🚀Target 1: 0.345
🚀Target 2: 0.320
Hardcore logic: This is not a healthy trend continuation. 1) Funding rate is as high as +0.057%, indicating extremely crowded long leverage, creating conditions for a short squeeze or main force distribution. 2) Open interest )OI( stabilized after the surge, with no signs of continuous inflow, indicating weak new buying. 3) Depth imbalance shows significant sell orders )Asks( accumulated above 0.3763 (3442 contracts), forming a short-term resistance wall. 4) The price has deviated significantly from EMA20 )0.2812(, indicating a need for mean reversion. Overall, this is a typical “bullish exhaustion” structure, with high fees + top divergence + supply zone, making it a high-probability shorting setup.
Trade here 👇 )
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Follow me: Get more real-time analysis and insights on the crypto market!