The $POWER /USDT perpetual pair is absolutely skyrocketing with a massive +35.79% surge, currently trading at $0.40584. The momentum is undeniable as it nears its 24-hour high of $0.40988, backed by a staggering 24-hour trading volume of 293.88M POWER (approximately $103.67M USDT). Looking at the 15-minute chart, the price has exploded from a daily low of $0.29801, forming a relentless bullish parabolic curve that is blowing past previous resistance levels. With the mark price holding steady at $0.40550, this high-octane breakout suggests intense buyer demand, making it the standout performer of the session.
Would you like me to analyze the funding rate for this perpetual contract to see if the market is leaning too heavily on long positions?
