【$POWER Signal】Long | Short squeeze accelerating, deep imbalance supports breakout

$POWER Accelerates after breaking through key resistance, 4-hour candlestick shows consecutive bullish candles with increased volume. This is a typical short squeeze (Short Squeeze) pattern, not just overbought.

🎯Direction: Long (Long)

🎯Entry: 0.290 - 0.295

🛑Stop Loss: 0.272 (Break below the previous 4-hour low, rigid stop loss)

🚀Target 1: 0.320

🚀Target 2: 0.350

Market Analysis: Price has strongly broken above EMA20 (0.2346) and EMA50 (0.2161), establishing the trend structure. RSI is at 86.88, but combined with funding rate +0.1239% and stable open interest, ruling out the possibility of major players pushing up to dump — a characteristic of short squeeze.

Core Logic: Depth data reveals the key. Order book depth imbalance -43.49%, buy-side depth (Bids) significantly thicker than sell-side (Asks), especially with a large buy order of 6802 units near 0.2955, indicating strong institutional support and accumulation at this critical price level.

4-hour volume and price are healthy, with rising volume (buy-side dominance), retracement with decreasing volume, and no selling pressure emerging. Entry is at the previous high turned support zone, with stop loss set just below the healthy retracement limit, risk-reward ratio >2.5. Follow the trend, do not short.

Trade here 👇 $POWER

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