The POWER token is quite interesting right now. The 4-hour RSI has already dropped to around 26, clearly oversold (below the 30 level), which usually indicates potential for a rebound. More importantly, the 15-minute candlestick chart has started to turn upward, giving us a small window of opportunity.
My approach is simple—enter with a small position. There are two reasons: first, the technical indicators indeed show an oversold condition; second, the recent 15-minute timeframe has shown signs of reversal. With manageable risk, it's worth trying to see if we can catch this rebound.
Of course, a small position size is very important. The market changes rapidly, and no one can guarantee 100%. So, it's smarter to adopt an aggressive strategy with a conservative position rather than going all-in. If you're interested, you can keep an eye on POWER's short-term performance.
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ForkPrince
· 6h ago
RSI is already at 26, this is indeed an opportunity... but I still want to wait and see, afraid that there might be another dip before the rebound.
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GiveItATry974268
· 01-11 14:54
Do you understand the announcement? Where are the stocks?
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AirdropHustler
· 01-11 14:54
RSI is already at 26, a rebound is indeed coming. It's still okay to try a small position.
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LiquidityHunter
· 01-11 14:50
RSI26 is indeed a bit aggressive, but I need to look at the data before confirming the 15-minute turnaround signal. How's the liquidity depth? Don't just focus on technical indicators; slippage is the real killer.
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ChainChef
· 01-11 14:35
rsi at 26 is like undercooked dough waiting for the oven... might just rise if we season it right with micro positions lol
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FlashLoanLord
· 01-11 14:33
RSI dropping to 26 is indeed a bit risky, but don't be fooled by the false impression of a rebound. This coin experienced the same thing a couple of days ago.
I agree with small positions and cautious approach, but I still prefer to wait and see; I feel there is still room for a dump.
The POWER token is quite interesting right now. The 4-hour RSI has already dropped to around 26, clearly oversold (below the 30 level), which usually indicates potential for a rebound. More importantly, the 15-minute candlestick chart has started to turn upward, giving us a small window of opportunity.
My approach is simple—enter with a small position. There are two reasons: first, the technical indicators indeed show an oversold condition; second, the recent 15-minute timeframe has shown signs of reversal. With manageable risk, it's worth trying to see if we can catch this rebound.
Of course, a small position size is very important. The market changes rapidly, and no one can guarantee 100%. So, it's smarter to adopt an aggressive strategy with a conservative position rather than going all-in. If you're interested, you can keep an eye on POWER's short-term performance.