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PYTH crypto rallies 7% with 45% surge in daily volume amid bullish momentum and key supply zone test

Technical Signals
16 Oct 2026
AMBCrypto
View Source
Bullish
PYTH crypto rallies 7% with 45% surge in daily volume amid bullish momentum and key supply zone test

PYTH crypto token saw a 7.3% price increase and a 45% rise in daily trading volume, driven by a market-wide recovery and a new fund accumulation rule by Pyth DAO. The token dominates the RWA perpetual futures market but faces resistance at a long-term supply zone around $0.10. Technical indicators show mixed signals with short-term bullish momentum and a potential bullish crossover in moving averages, suggesting cautious optimism for further gains if demand holds. Traders should watch for possible pullbacks near key Fibonacci levels.

PYTH token shows strong activity on Pluang with a price of Rp1,581 and a 6.46% increase in the last day. Trading volume remains high at Rp2.48 trillion, although most orders are sell-side at 74%. These figures are current as of Oct 16, 2026 20:03 WIB.

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