【$POWER Signal】1H Momentum Reversion, Pullback is an Opportunity

$POWER The 1H timeframe, after experiencing a volume-driven rally, is currently in a high-level consolidation phase. The key point is that the 1H EMA20 (0.3346) has turned into a strong support, and although RSI (69.59) is high, it has not entered extreme overbought territory, indicating that bullish momentum remains. On the 4H level, the price has broken above the recent consolidation upper boundary, indicating an upward trend. Combined with stable open interest and moderate funding rates, this is not purely a short squeeze but a healthy trend continuation signal.

🎯Direction: Long (Long)

🎯Entry/Order: 0.3440 - 0.3460 (Reason: Rebound to 1H EMA20 support zone and the midpoint of the previous hour’s candlestick body )

🛑Stop Loss: 0.3380 (Reason: Falling below the start of the previous volume-driven bullish candle, indicating a breakdown of bullish structure )

🚀Target 1: 0.3580 (Reason: Previous high resistance level and psychological whole number )

🚀Target 2: 0.3680 (Reason: Based on the recent rally’s 1.382 Fibonacci extension level )

🛡️Trade Management:

- Position suggestion: Standard position (Reason: 1H and 4H trend resonance, risk-reward ratio >1.5 )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price strongly breaks through 0.3580, hold the remaining position to aim for Target 2.

Deep logic: Order book data shows 284 contracts stacked at 0.3478-0.3479, serving as short-term resistance. However, there are also large orders (463 contracts) at 0.3476-0.3477, indicating strong support below. The 1H RSI has pulled back from high levels, preparing for another upward push. Stable open interest suggests this is not retail FOMO but organized capital deployment. The current strategy is to wait for a healthy pullback to target bullish momentum.

View real-time market 👇 $POWER

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