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PYTH token surges 10% after breaking $0.089, backed by rising derivatives activity and bullish sentiment.

Technical Signals
13 Oct 2026
AMBCrypto
View Source
Bullish
PYTH token surges 10% after breaking $0.089, backed by rising derivatives activity and bullish sentiment.

PYTH Network's token price recovered strongly, jumping 10% after breaking above the $0.089 resistance level following support at $0.072. This bullish move is supported by rising Open Interest, increasing Funding Rates, and a dominance of long positions in derivatives markets, indicating traders expect further gains. However, the growing concentration of long leveraged positions raises the risk of a sharp pullback if market sentiment shifts. Maintaining the $0.089 breakout level will be key for sustaining upward momentum and potential further rallies.

PYTH trades at Rp1.424 on Pluang as of Oct 14, 2026 09:11 WIB, showing a 5.48% decline in the last day despite the recent rally mentioned in the article. The token's market cap stands at Rp11,13 trillion with a 24-hour trading volume of Rp1,13 trillion. On Pluang, buying interest slightly outweighs selling at 55% buy versus 45% sell, and typical holders keep PYTH for about 59 days, indicating moderate-term investor engagement.

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