【
$POWER Signal】Hold a neutral stance—extreme overbought conditions amid short squeeze risk
After a single-day surge of 30%, the price is in an extremely overbought state, with RSI reaching 84.06, and the funding rate turning positive to 0.06%.
🎯 Direction: Hold a neutral stance
Market data shows that despite reaching new highs, the 4H buy/sell ratio remains low at 0.51-0.53, indicating that the rally is mainly driven by short covering (short squeeze) rather than new bullish buying. The depth imbalance is at -14.56%, with sell walls significantly thicker than buy walls, indicating heavy selli