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#我在Gate广场过新年 $POWER appears weak after being rejected at recent highs.
Plan – Short $POWER
Entry: 1.84 – 1.92
TP1: 1.68
TP2: 1.52
SL: 2.08
The price encountered strong rejection near the 2.22 resistance level and failed to continue higher. After that sharp rejection, momentum slowed, and the price started to decline, indicating sellers are becoming active.
If the price stays below the 1.95 area, there could be more downside potential. Losing the current support may push the price to lower levels, as buyers no longer show strong control.
$POWER