POWER has recently shown a clear abnormal trading volume signal, with a 13.4% surge in trading volume on the 30-minute chart, which often indicates that the market may start to move.
From a technical perspective, the current price is at 0.16554 USDT, with a key support level around 0.1644, only 0.73% away from the current price. The sharp increase in volume combined with proximity to support is usually a good opportunity to go long.
If you're interested in participating, you might consider placing an order around 0.1644, with a target aiming at the resistance level at 0.17346. Such a significant increase in volume often signals the beginning of a market move—closely monitoring the upcoming trend of POWER will be very important.
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DYORMaster
· 1h ago
Trading volume surges by 13.4%? Something's not right; we need to see if it's a genuine breakout or if the big players are just accumulating...
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SchrodingerPrivateKey
· 2h ago
Here comes the same old trick to wipe out the retail investors, a 13.4% surge in volume just to fool people into buying the dip?
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Support levels are so close, it feels like a trap to lure more buyers
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Wait, wasn't this level mentioned the day before yesterday…
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The volume is just a joke, the market is too small to see anything meaningful
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I don't believe 0.1644, I'd rather wait for it to drop to 0.15
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It's that old phrase "market prelude," heard it last year
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Interesting, I'll keep an eye on it, but definitely won't chase the high
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This time, I think I'll pass. POWER token has been too weird lately
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The combo of volume + support levels sounds like a signal, but I'm scared to act
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RugPullAlertBot
· 3h ago
I've heard the excuse of "volume surging" too many times. Last time, it just shot up and then plummeted.
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DefiPlaybook
· 01-11 00:49
Trading volume surges by 13.4%? Wait, I need to see if this is genuine volume or just data inflated by flash loans...
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ApeShotFirst
· 01-11 00:49
Whoa, trading volume surging by 13.4%? This rhythm feels off, it seems like it's about to take off.
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ValidatorViking
· 01-11 00:45
volume spike doesn't mean squat without conviction behind it... seen too many false signals wreck positions. where's the actual buying pressure here?
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ProveMyZK
· 01-11 00:44
I've seen the signal of volume surging too many times before, and in the end, isn't it just a quick reversal to sell off? Better to be cautious.
POWER has recently shown a clear abnormal trading volume signal, with a 13.4% surge in trading volume on the 30-minute chart, which often indicates that the market may start to move.
From a technical perspective, the current price is at 0.16554 USDT, with a key support level around 0.1644, only 0.73% away from the current price. The sharp increase in volume combined with proximity to support is usually a good opportunity to go long.
If you're interested in participating, you might consider placing an order around 0.1644, with a target aiming at the resistance level at 0.17346. Such a significant increase in volume often signals the beginning of a market move—closely monitoring the upcoming trend of POWER will be very important.