2026-01-22 16:00:44

POWER's rally has lasted for several trading days, and the current price has returned to the vicinity of that previous key resistance level. From a technical perspective, a correction is highly likely in the short term.

This level tests buying strength. If no new incremental funds enter the market, a pullback is a high-probability event. Consider positioning for a short here, with a target range of 0.17 to 0.18—this is where the previous support was.

If you're quick, placing a market sell order directly is also fine; it all depends on how decisive your market judgment is.

POWER-0,39%

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MEVHunter

· 9h ago

ngl the mempool's gonna tell u everything u need to know before this dumps... watching the toxic flow patterns rn and it's lookin pretty predictable tbh

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GateUser-a5fa8bd0

· 10h ago

Here we go again, every time it happens—rising to a key level and then starting to talk about correction. --- I remember the 0.17 level; last time it rebounded right there, but this time it's not certain. --- Short position? Or wait a bit longer, the market sentiment hasn't been fully understood yet. --- Quickly placing a market order? I don't believe you can precisely catch the bottom—just a routine trick. --- The analysis looks quite professional, but something feels missing... where's the incremental capital? That's the real key. --- Resistance level retracement, same old story—who will step in to take the buy? --- Should I chase the short or stay on the sidelines? That's the real question.

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Layer2Arbitrageur

· 10h ago

ngl the 0.17-0.18 support zone math checks out but you're ignoring the liquidity profile on bridges rn... that's where the real arbitrage window opens

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GamefiHarvester

· 10h ago

Are they going to dump again? Can it really go down this time? --- Shorts? I think I'll wait. I got trapped at this level last time. --- 0.17-0.18 was indeed a previous support level, but now those who try to bottom fish haven't had a good ending. --- Quick hands? My hands are too fast, and I end up losing even more, haha. --- Incremental funds? Laughable, they've all been eaten up by the main players. --- This level is indeed risky, but I wouldn't go all-in on a short either. --- The technical analysis suggests a correction, but the big players might have other plans. --- A pullback is highly probable, but don't be too optimistic; it might break through directly. --- The logic seems sound, but I just don't know when they'll dump. --- I just want to know who still has money to enter at this level.

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HalfBuddhaMoney

· 10h ago

Short position setup at this level is indeed good, but the key is still waiting for additional funds.

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CoffeeOnChain