【$POWER Signal】Short squeeze continues, second wave expected after 1H pullback confirmation

$POWER The 1H timeframe has experienced a significant rally and is currently consolidating strongly at high levels. The 4H candlestick remains above all moving averages, indicating a strong trend. The key point is: the 1H RSI(68.88) has fallen from the overbought zone, providing healthy retracement space; meanwhile, the negative funding rate(-0.5237%) combined with firm price action signals a strong short squeeze, and stable OI indicates that long positions have not exited in large numbers. This is a classic "air support" pattern for a strong coin, and after the 1H pullback confirmation, the probability of a second rally is very high.

🎯Direction: Long (Long)

🎯Entry/Order: 1.88 - 1.90 (Reason: The 1H EMA20(1.6845) is in a strong zone above, also the dense support zone of the previous hour's candlestick body)

🛑Stop loss: 1.82 (Reason: Falling below the previous low of the 1H consolidation platform and below EMA50(1.33), indicating a possible trend reversal)

🚀Target 1: 2.10 (Reason: Breakout above the previous high of 2.018, testing the resistance of the 4H upper shadow)

🚀Target 2: 2.35 (Reason: Near the historical high of 2.347 on the 4H chart, also a zone of high trading volume)

🛡️Trade Management:

- Position size suggestion: Light (Reason: Daily increase has exceeded 124%, volatility is high, prioritize risk management)

- Execution strategy: Use staggered take profits. After reaching Target 1, close 50%, and move the remaining stop loss up to the entry price of 1.90. If the price strongly breaks through 2.10 and stabilizes, hold the remaining position to aim for Target 2.

Deep logic: Market depth shows large buy orders (1.933)(1100) creating a psychological support wall, while sell orders are scattered, indicating that selling pressure above has been absorbed early in the session. Market logic suggests "price rising, consider position size," with stable OI and sideways price action, indicating more of a main force defending the price rather than retail FOMO. The buy/sell ratio on the 1H chart reaches 0.52 during the rally, showing institutional funds are driving. Overall, the strong sideways movement under negative funding rates is a classic continuation signal.

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