Power SOL token pricePower

$POWER buy long position

$POWER based on current market data, price structure, and recent developments and not just feelings: 📉 Current Situation From recent price tracking, $POWER is trading well below its previous all-time highs and has experienced a sharp sell-off — dropping ~38% from its peak around $0.40 and finding support near the ~$0.22–$0.25 zone. � CryptoRank This level (around $0.22–$0.25) is exactly where many traders see support forming meaning buyers have stepped in historically and the price has bounced from here multiple times. � CoinMarketCap 📊 Technical View Support Levels Major support: Near ~$0.218–$0.22 — this is the strongest recent floor. � CoinCheckup Intermediate support: ~$0.27–$0.30 — a zone where dips have been bought recently. � CoinCheckup Resistance Levels Immediate resistance above: ~$0.30–$0.35 — where selling pressure usually shows up. � CoinCheckup Stronger resistance: ~$0.39+ historically tougher to break. � CoinCheckup These levels suggest if support holds, a rebound attempt is more likely than a crash straight to zero. 🧠 What Could Drive a Bounce? There are real catalysts for upside if sentiment returns: 1. Utility & ecosystem news: Recent integrations like payment use cases in gaming and NFT marketplaces can boost demand for the token. � CoinMarketCap 2. Healthy RSI momentum and consolidation often precede upward moves. Analysts see structure forming that could support rebounds toward resistance. � CoinMarketCap 3. Broader crypto market sentiment: If BTC & major altcoins strengthen, small caps like POWER could benefit disproportionately once liquidity returns. 📉 What Could Still Go Wrong 1. Heavy volatility: Newer tokens like POWER can swing wide based on sentiment, volume, and headlines meaning both upside and downside remain volatile. � Phemex 2. Liquidity & sell pressure: Large holders or token unlocks (if scheduled later) can weigh on price even at “support zones.” � Phemex 3. Market rotation back to Bitcoin or stable assets can dry up altcoin inflows, pushing small caps lower before recovery. 🧠 So Will POWER Bounce or Dump More? Bullish Scenario ✔ Price holds the $0.22–$0.25 support ✔ Breaks resistance above ~$0.30–$0.35 ✔ Bullish catalysts continue (utility, adoption) ➡ Could see a rebound towards previous highs or even new ATHs if momentum and volume return. Bearish Scenario ✘ Support fails price closes below $0.22 ✘ Broader market risk-off leads to capitulation ➡ Price could revisit lower ranges, depending on liquidity and sentiment. Realistically: Given current support and technicals, a bounce is plausible if $0.22 holds and volume returns but no guarantee. Crypto is volatile especially for smaller tokens. Do your own research and manage risk carefully (stop-losses, position sizing, etc.). 📌 Final Thought Yes, a bounce is possible but it depends on support holding, market sentiment, and real utility demand. If those align, a parabolic recovery can happen. If not, deeper dips can occur before the bottom is confirmed. Not financial advice this is analysis based on recent data and market behavior. Always DYOR before making trades.

$POWER Experienced high selling pressure after hitting $0.4 yesterday closer to it's ATH, the token now failed terribly dump to $0.22 which acted as a major support level since listing. If $POWER maintain this level I'm expecting a parabolic come back and even making new ATH. what is your thoughts do you think $POWER will bounce back or more dump to come ?

$POWER it will go further down