【$POWER Signal】Pullback to Long + 1H strong shakeout followed by rebound, main force clearly supporting the market

$POWER The 1H timeframe just experienced a textbook violent shakeout, with the price dropping from 0.4615 to 0.424 instantly and then V-shaped reversal, currently consolidating strongly around 0.453. This long lower shadow (14:00 candlestick) combined with high volume is a typical signal of panic selling being absorbed by the main force. On the 4H timeframe, after a large bullish candle, the price is sideways at a high level, the trend remains upward, but short-term profit-taking pressure should be watched.

🎯Direction: Long (Long)

🎯Entry/Order: 0.450 - 0.452 (Reason: Neckline of the 1H V-shaped reversal and EMA20 support zone )

🛑Stop Loss: 0.422 (Reason: Breaking below the previous low and the lowest point of the violent shakeout, this level's breach would break the bullish structure )

🚀Target 1: 0.471 (Reason: Previous high resistance level, also the high point of the 4H upper shadow )

🚀Target 2: 0.495 (Reason: Fibonacci extension at 1.618 from the shakeout low of 0.424 to the current consolidation zone )

🛡️Trade Management:

- Position size suggestion: Light (Reason: Intraday volatility is very high, ATR reaches 0.0225, risk is controllable and prioritized )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.452. If the price cannot hold above 0.452 and falls below again, exit all positions without hesitation.

Deep logic: Market depth data shows buy orders far thicker than sell orders (depth imbalance -34.77%), with obvious large order support. Open interest (OI) remains stable amid sharp price fluctuations, indicating it’s not just long liquidation but funds are actively supporting the market. The 1H RSI (66) has pulled back from overbought and is rising again, showing momentum remains. Negative funding rates suggest bears are still present, with potential for short squeeze. Overall, this is a successful shakeout, with clear main force intent, aiming for a short-term bullish second attack.

View real-time quotes 👇 $POWER

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