Meteora (MET) surged 58% after breaking above the key $0.4140 resistance level, strengthening its bullish structure and redirecting buyers’ attention towards the all-time high at $0.6161. Trading volume spiked 517% to $371.66 million in 24 hours, confirming strong buyer participation. Despite the surge, funding rates fell to -0.4221, suggesting the rally was driven by spot demand rather than leveraged positioning. A liquidity cluster worth approximately $12.09 million was identified around the resistance level. MET was still trading above all key EMAs, indicating bulls remained in control.
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