The price of PYTH has exceeded critical resistance levels including the 100-day Exponential Moving Average at 0.1330 USD. The breakout above an eight-month resistance trendline indicates potential for further gains, targeting the 0.1684 USD mark.
The Pyth Network has recorded a surge in activity, with 213.64k daily transactions. Open Interest has increased significantly from 50.54 million USD, revealing growing investor engagement in the derivatives market.
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