$POWR /USDT is showing signs of bearish momentum after a sharp 20.25% intraday drop. The price has broken below key moving averages—MA(25) at 115.04 and MA(99) at 107.52—indicating downside pressure. RSI(6) is at 30.00, hovering near oversold territory, but not yet signaling a reversal. The volume spike suggests strong selling interest. With the price testing the 107.50 support zone and failing to reclaim 110.62, this setup favors a short continuation unless a bullish divergence forms.
Setup: Short
Entry: 108.00
TP1: 104.00
TP2: 100.00
SL: 111.50