Reason: $POWER is catalyzed by Binance Alpha airdrop event, with a 24H surge of over 23% and a trading volume of $26.5 million. The price broke through the 7-day and 25-day EMAs, MACD formed a bullish crossover, RSI at 52.34 has not entered the overbought zone, indicating clear upward momentum on the technical side; whales continue to increase their holdings, pushing the long-short ratio from 0.7 to 2.2. The profit-taking whales have already realized gains, and the short positions are close to the breakeven point at $0.2875. A breakout is likely to trigger short squeeze; hourly one-sided buying pressure is significant, community enthusiasm and capital resonance reinforce the upward logic, the short-term bullish trend is strong, aligning with the core intraday long strategy.
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$POWER Current price $0.318
Long
Reason: $POWER is catalyzed by Binance Alpha airdrop event, with a 24H surge of over 23% and a trading volume of $26.5 million. The price broke through the 7-day and 25-day EMAs, MACD formed a bullish crossover, RSI at 52.34 has not entered the overbought zone, indicating clear upward momentum on the technical side; whales continue to increase their holdings, pushing the long-short ratio from 0.7 to 2.2. The profit-taking whales have already realized gains, and the short positions are close to the breakeven point at $0.2875. A breakout is likely to trigger short squeeze; hourly one-sided buying pressure is significant, community enthusiasm and capital resonance reinforce the upward logic, the short-term bullish trend is strong, aligning with the core intraday long strategy.