POWR token price has recently broken below the 100-Day EMA line. Continuing the falling trend, the stock price will testing the strong support level at 6.5k. MACD is also below the zero centerline, indicating a bearish trend.
The RSI indicator indicates that the token is near oversold territory on price charts. Currently the RSI is at 28 indicating the oversold area. However, the signals from RSI and Bollinger bands are strong, hence the token price is likely to remain below 20 day moving average resistance line.