PYTH Rises 6.65% to $0.08 With No Confirmed Catalyst
- —PYTH added 6.65% to $0.0800014, intraday range $0.0718–$0.0807
- —Volume of $39.2 million was 14.51% below the 30-day average
- —Price sits above the 30–200-day SMAs but below the 7- and 15-day SMAs
- —Token remains 93% below its $1.14 all-time high set in March 2024
Why it matters: A rally without a confirmed catalyst and on below-average volume does not validate a trend change, so traders should wait for a close above resistance.
Source: DiarioBitcoin