The $POWER /USDT perpetual pair is currently explosive, witnessing a massive +26.44% surge to a price of $0.31971 as it charges toward local highs. Despite a sharp rejection from the 24-hour peak of $0.33276, the bulls are fighting back on the 15-minute chart, holding steady above the 24-hour low of $0.24514 while maintaining heavy volume of over 205 million POWER. The market is currently in a high-volatility tug-of-war; after a series of deep red corrections, a fresh green candle is pushing upward, signaling that the momentum isn't dead yet and a retest of the resistance zone could be imminent.
Would you like me to analyze the recent candle patterns to see if there's a potential entry point forming?
