【$POWER Signal】Pullback and adding longs; the intention of capital support is revealed

$POWER 1After a spike at the H level, there is a pullback. The buy-side order book has a gap, but support below is clear. After a MACD golden cross on the 4H level, momentum contracts. The price is above the upper half of the Bollinger Bands, but the 1H RSI has already fallen from the overbought zone to 73, easing short-term overheating. Order book data reveals key information: buy orders in the 0.0958 to 0.0960 range are extremely thick, forming a dense support wall, while sell orders above 0.0961 quickly thin out. This kind of deep order-book imbalance usually means that the main capital is actively defending the price in this area, preventing a deep pullback. Open interest remains stable and has not declined with price consolidation, indicating that long positions have not exited on a large scale. The current price has pulled back but is still above the 1H EMA20 (around 0.0914), and the 4H EMA50 (0.0840) forms strong trend support below. The funding rate of 0.0585%, while positive, is not at an extreme level, so liquidation risk from a short squeeze is limited. Overall, this is a healthy profit-taking pullback rather than a trend reversal.

🎯Direction: Long

⚡Entry/Orders: Layer in between 0.089 - 0.091

🛑Stop-loss: 0.087

🚀Target 1: 0.108

🚀Target 2: 0.117

🛡️Trade management:
- Execution strategy: After the price reaches Target 1, reduce the position by 50% to lock in profits, and move the stop-loss of the remaining position up to the entry price. If the price fails to hold above 0.094 and drops back into the entry zone, consider exiting and watching.

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