$PYTH is up about 11% in 24h on Binance spot while BTC and most majors stay heavy.

What changed (confirmed)

Pyth's October RWA Perp Report (Nov 9): RWA perps traded a record $829.4B in October, up 29% from September. Venues using Pyth prices handled 88.5% of that volume.

Across the 25 most traded US stock perps, about half of October volume came outside NYSE regular hours, up from ~42% in September.

Pyth's October business report: $13.67M annualized paid subscription run-rate, up 18.9% m/m, with 332 paying accounts.

On Nov 8 Pyth also announced US equities, ETFs and 24/7 global indices for its data lineup.

My read (interpretation)

This is a usage and revenue story, not hype. But the volume figures cover venues using Pyth feeds, not the PYTH token, and the report is Pyth's own data. The market has to decide how much of that revenue reaches holders.

Price action (Binance, 15:14 ICT Nov 10)

Last: $0.0664 (+11.1% 24h, range $0.0598–0.0667)

Wilder RSI(14): 4H 57.6 / 1D 47.3

4H EMA20 / EMA50: ~$0.0642 / ~$0.0648

1D EMA20 / EMA50: ~$0.0676 / ~$0.0685

Key levels

Resistance: $0.0667–0.0682 (Nov 4–10 highs), $0.0720 (Oct 22–23 area), $0.0750 (late-Oct closes)

Support: $0.0635–0.0645 (breakout retest + 4H EMAs), $0.0617 (Nov 9 base), $0.0584–0.0585 (Oct 30 and Nov 9 lows)

Trade plan

Bid zone: $0.0635–0.0645

SL: $0.0612 (below the Nov 9 base)

TP1: $0.0680 (~1.4R)

TP2: $0.0720 (~2.9R)

TP3: $0.0750 (~3.9R)

Risks

Spot volume is thin (~$3.1M in 24h). $0.0667–0.0682 has capped price since Nov 4, and price is still under the 1D EMA50. A 4H close below $0.0612 kills the setup and puts $0.0585 back in play.

NFA. Size small.

Is record RWA perps volume enough to push $PYTH through $0.0682, or does it get rejected again?