POWER coin faces a test before the key resistance level at 430.



Typically, after breaking the ATH, an accelerated upward trend is observed. However, this coin's performance is somewhat unusual—its pace is slow, and it shows clear consolidation characteristics.

This pattern actually hides a short-selling opportunity. If you're following related discussions in the community, pay close attention to the retracement extent before the resistance level is broken and the volume confirmation after the breakout. Short-term swing opportunities often emerge from these "unconventional" movements.
POWER5.73%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
StakeWhisperervip
· 2h ago
430 Nakaner is really stuck, feels a bit risky this time POWER's trend is indeed strange, not even accelerating I bet it will retrace once more, that's the bottoming point Volume doesn't cooperate, everything else is pointless
View OriginalReply0
HodlOrRegretvip
· 2h ago
Holding 430 isn't enough; it's a joke. Why is this coin so disappointing?
View OriginalReply0
DEXRobinHoodvip
· 2h ago
430 is really stuck, this trend is indeed strange. No breakout, no rise. --- After such a long consolidation, is the bearish opportunity coming? I'm watching. --- Confirming volume is the key; those following the trend will have to suffer losses. --- A slow rhythm means it's a shakeout; just waiting for a breakout. --- Repeatedly testing resistance levels, a short-term explosive point should come soon. --- This coin doesn't follow the usual pattern, which makes it more interesting. --- I've been watching the pullback before the break, waiting for a signal. --- Shorting? I'll wait until it breaks or not before deciding. --- A failed breakout leads to a sharp drop; be careful. --- Insufficient volume is just a fake move; I don't believe it.
View OriginalReply0
LadderToolGuyvip
· 2h ago
This level at 430 looks a bit risky, feels like it might drop. --- After such a long consolidation, it indicates that the main force is accumulating, but hopefully they won't dump the price. --- Not playing by the usual rules? To me, it looks like they're testing the lower support. --- Short-term shorting sounds good, but it depends on the volume and whether it follows through. --- Another "hidden opportunity," but it's just waiting to harvest the retail investors. --- This rhythm is indeed strange; whether a pullback before the breakout is a golden opportunity or a dead end is hard to say. --- After reaching ATH, such a poor performance makes me reflect on whether I entered at the wrong price.
View OriginalReply0
GasFeeTherapistvip
· 2h ago
Can this obstacle be broken? It feels a bit stuck. Let's wait until the volume picks up; the current consolidation is too boring. The pace is so slow, we might see another dive. The correction before the breakout is the key; whoever can precisely buy the dip will profit. This coin is so "willful," all the strategies are turned upside down. It looks like a big move is brewing, but who knows if it's up or down. If the volume doesn't confirm, the breakout is a false breakout. It also feels like the community discussion isn't very active, a bit cold.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)