Technical analysis by minno91 about Symbol POWR: Buy recommendation (7/22/2024)

I’m feeling bullish about this week for crypto, and POWRUSDT is looking primed for an upward move. Here’s why:Market Momentum•ETH ETF Launch: With the ETH ETF trading this week, we’re expecting a ripple effect across the altcoin market. 🚀•Crypto Sentiment: The market is buzzing with optimism, and altcoins like POWR could ride this wave.Technical Setup•CHoCH Formation: POWRUSDT recently created a Change of Character (CHoCH), signaling a potential reversal and bullish momentum. 📈StrategyI’m aiming for a solid 1.78:1 Risk-Reward ratio, which is quite promising given the current setup.Action PlanLong on POWRUSDT, leveraging the positive market sentiment and technical signals. With the ETF launch potentially sparking a broader market rally, this could be a golden opportunity.Let’s ride the wave and see how high we can go! 🚀✨Good luck, everyone!