$POWER Life and death battle on the front line! ⚔️
The price is tightly hugging the downtrend line (0.31705 vs 0.31698), just a hair's breadth apart! This is the critical watershed between bulls and bears.
MACD shows a strong bullish divergence at the bottom, indicating the bearish trend is weakening. But remember, until a clear breakout occurs, it remains the territory of the bears.
The nearest resistance is at 0.3225; only a steady hold above it signals a reversal. Support below is at 0.3158; a break below would mean the trend continues.
Current state: **Suspected trend reversal**. Everything depends on whether this line can hold! 🔥
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$POWER Life and death battle on the front line! ⚔️
The price is tightly hugging the downtrend line (0.31705 vs 0.31698), just a hair's breadth apart! This is the critical watershed between bulls and bears.
MACD shows a strong bullish divergence at the bottom, indicating the bearish trend is weakening. But remember, until a clear breakout occurs, it remains the territory of the bears.
The nearest resistance is at 0.3225; only a steady hold above it signals a reversal. Support below is at 0.3158; a break below would mean the trend continues.
Current state: **Suspected trend reversal**. Everything depends on whether this line can hold! 🔥