Massive Liquidation Alert on $POWR
A long liquidation of $3.89K just got triggered at $0.1665—a signal that things are heating up! This could either mark a potential bounce zone or open the doors for further downside.
Analysis & Key Levels
Buy Zone: $0.1600 - $0.1650 (Potential reversal area if bulls step in)
Resistance Targets:
Target 1: $0.1720 (First major resistance)
Target 2: $0.1780 (Breakout point for stronger upside)
Target 3: $0.1850 (Bullish continuation if momentum builds)
Stop Loss: Below $0.1580 (A break below this could invite more selling pressure)
If buying volume increases, $POWR might see a solid recovery toward the resistance targets. But if weakness continues, a dip below the buy zone could trigger further liquidations. Watch the volume and price action closely.