PYTH jumps 7.3% on 45% volume surge, tests key $0.10 supply zone
- —PYTH gained 7.3% in 24 hours with volume up 45% and open interest up 13%
- —Pyth priced 90.29% of September RWA perpetual futures volume, down from 96.27% in August
- —Since Oct. 8, Pyth DAO routes 100% of product revenue into accumulating PYTH for its reserve
- —Nearest resistance sits at $0.10; support is the $0.082-$0.086 Fibonacci golden pocket
Why it matters: A break above $0.10 would confirm a weekly trend reversal, while a pullback to $0.082-$0.086 keeps the uptrend intact.
Source: Cryptonews.net