๐ Currency / Symbol: POWR โจ $POWR
Name: Power Ledger
Type of Trade: Instant SPOT Trade โ Buy Order ๐น
๐๐ป Entry Zone: 0.1145 โ 0.1160
(The currency is witnessing a strong rebound after a correction period, with consecutive green candles supporting the beginning of a rising recovery wave.)
๐ฐ Targets (Take Profit):
๐ฃ First Target: 0.1184
๐ Breaking this level confirms the continuation of buying momentum and supports movement towards higher targets.
๐ช Second Target: 0.1198
๐ Short-term resistance area, surpassing it paves the way for a new impulse wave.
๐ Third Target: 0.1213
๐ Represents the technical extension of the current rebound wave with the possibility of some profit-taking.
๐ธ Fourth Target (Extension): 0.1251
๐ Strong probability if momentum continues and trading volume rises above average.
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๐ Stop Loss: 0.1100
(Clearly breaking below weakens the current trend and indicates a potential return to correction.)
๐ Currency Analysis:
Power Ledger (POWR) is showing strong recovery indicators supported by increasing positive momentum. Maintaining a daily close above 0.116 will enhance the chances of rising towards higher levels.
๐ผ Capital Management Advice:
Do not exceed an entry ratio of 10% of capital in a single trade, and upon achieving the first target, it is advisable to move the stop loss to secure profits.
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โจ ๐๐ป. ๐๐ฑ๐ช๐ผ๐ผ๐ช๐ท โจ
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