Markets· ★★· bullish·

PYTH Jumps 20% After Breaking $0.08148 Resistance

  • —PYTH broke $0.08148 resistance and rose nearly 20% intraday
  • —The RWA Perp Report was cited as the sentiment catalyst
  • —A golden cross between the 50-day and 200-day EMAs formed in September
  • —Downside levels to watch: 200-day EMA at $0.05589 and support at $0.03703
Why it matters: Holding above $0.08148 would confirm the breakout and open the door to $0.13021; a rejection puts $0.05589 back in play.
#PYTH
Source: Cryptonews.net
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