【$POWER Signal】Long | Short squeeze continues, deep imbalance support

$POWER After a single-day surge of 42%, it consolidates strongly at high levels. This is a typical continuation of a short squeeze, not a top.

🎯Direction: Long

🎯Entry: 0.395 - 0.400

🛑Stop Loss: 0.349 (Breaks below the previous 4H candle low, rigid stop loss)

🚀Target 1: 0.450

🚀Target 2: 0.500

Market analysis: After breaking out, the price formed a narrow flag pattern above the previous high (0.39-0.40), which is a strong signal. All key data point to a short squeeze: funding rate is as high as +0.0713%, but open interest remains stable, indicating that shorts are still resisting and have not surrendered on a large scale. RSI has reached 84, but it becomes ineffective in a short squeeze environment.

Logical core: Depth data reveals institutional intent. Order book depth imbalance is -12.42%, with buy orders significantly thicker than sell orders, especially around 0.3975 where a dense buy wall (total volume over 4000) has formed, indicating major players actively defending the price and absorbing buy orders at this level to prevent a decline. The 4H buy ratio remains >0.5, showing buy dominance. The price is steadily above the EMA20 (0.302), and the trend structure is intact.

Risk management core: Stop loss set at a key low liquidity point of 0.349 (previous 4H candle low), calculated using ATR (0.039), with a risk-reward ratio >2.5. Currently, the market is driven by emotion, so avoid guessing the top on the left side and follow the trend.

Trade here 👇 $POWER

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