๐ฅ Trending Infrastructure Gem: Pyth Network (PYTH) Showing Strong Recovery Momentum
The crypto market is heating up again, and one infrastructure-focused project catching attention is Pyth Network (PYTH).
Currently trading around $0.061 with a strong 24H gain of over 26%, PYTH is demonstrating bullish short-term momentum after recently bouncing from its local low near $0.036. This sharp recovery suggests buyers are stepping back into the market with confidence.
๐ Market
Market Cap: ~$349M
24H Volume: Over $110M
Circulating Supply: 5.75B PYTH
All-Time High: $1.15
Ranked inside Top 100 projects
The volume-to-market-cap ratio above 30% indicates strong trading activity โ often a sign of rising market interest.
$PYTH From a technical perspective:
RSI is climbing above 60, signaling growing bullish strength.
MACD shows positive crossover momentum.
Price is pushing above short-term moving averages.
If momentum continues, resistance near the $0.07โ$0.08 zone will be key to watch. A breakout above that level could open the door for further upside.
#PYTH