The rise of POWER in the past couple of days has been significant, and the reason behind it is quite straightforward — this project is about to officially launch on a major exchange, with the trading pair being POWER/USDT, based on the ERC20 network. Although the exact launch time has not been completely confirmed yet, the exchange has already released a detailed information page, which is definitely a favourable listing.

From a technical perspective, the short-term rise is quite obvious. The 5-minute line rose by 3.47%, the 15-minute line by 3.05%, and the 30-minute line even surged to 4.33%. The hourly line has slightly retreated to 2.86%. However, the 4-hour line has weakened a bit, dropping by 7.81%, indicating that it may be necessary to pay attention to the potential mid-term adjustments.

The trigger price is at 0.3386. Friends who want to chase should remember this support point. The launch of a new exchange often brings a wave of liquidity release, and such event-driven markets are still worth paying attention to.