Markets· ★★· bullish·

PYTH Rally Reaches $0.09 After Clearing September High

  • —PYTH traded near $0.089 after reaching about $0.091 on October 12
  • —The token exited its summer range of $0.030-$0.060 and cleared the September ceiling of $0.063-$0.065
  • —First support sits at $0.070-$0.076, next resistance at $0.112-$0.122
  • —Pyth DAO directs 100% of eligible product revenue into open-market PYTH purchases for its reserve
Why it matters: A daily close above $0.09 would confirm the breakout, while holding the first support band would keep the broader uptrend intact.
Source: Coindoo