【$POWER Signal】Long + Confirmation of Pullback After Strong Breakout on 1H

On the 1H timeframe, after experiencing a massive rally, the price is currently consolidating at a high level, building a new platform in the 1.81-1.85 range. Looking at the 4H timeframe, a single massive bullish candle directly broke through all previous resistance levels, indicating a shift to a strong bullish trend. The current negative funding rate of -0.09% and stable Open Interest (OI) suggest potential short squeeze opportunities. The price refusing to undergo a deep correction is a sign of strength.

🎯Direction: Long $POWER Long(

⚡Entry/Order: 1.820 - 1.830

🛑Stop Loss: 1.780

🚀Target 1: 1.920

🚀Target 2: 2.050

🛡️Trade Management:

- Position Size Recommendation: Light position

- Execution Strategy: When the price reaches 1.920, take profit on 50% of the position, and move the stop loss on the remaining position up to the entry price of 1.830. If the price strongly breaks through 1.920 and stabilizes, consider moving the remaining position's stop loss to hold for greater gains.

Depth Logic: The EMA20 on the 1H chart (1.59) has significantly crossed above the EMA50 (1.48), with moving averages in a perfect bullish alignment. The key point is that after a massive rally in the past few hours, the price has not pulled back significantly but has been consolidating at high levels, which is a typical sign of strong consolidation. Market depth data (bid_ask_ratio_depth=1.40) shows buy-side dominance, and market logic indicates upward movement. Combined with stable growth in OI, this suggests that institutional funds are entering to support the market rather than retail FOMO. The RSI on the 1H chart (66.38) has not entered overbought territory and still has room to rise. The stop loss is set at 1.780, below the low of the previous 1H candle, to protect the trade.

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