PYTH Network Soars 12% as Bulls Break Key Resistance, Will It Reach $0.250 Next?

The PYTH price has experienced a significant rebound after experiencing a substantial correction. In the past 24 hours alone, it has surged by 12%, with daily trading volume surging almost 97% as buying momentum increases. traders are noticing this strong recovery. 📈. 📈. PYTH’s resilience is evident in its ability to overcome major resistance levels and currently trade above both key moving averages, indicating a potential reversal of the trend that has caught the attention of investors. 📊 This movement shows PYTH trading at its highest point of $0.17847 – nearly double its June lows of around $0.09. The surge in price has pushed PYTH past the 50-day EMA at $0.14304 and the 200-day EMA at $0.16288, a technical feat often seen as a signal for a long-term uptrend.