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PYTH token jumps 15% with rising volume and Open Interest, hinting at a potential bullish reversal.

Technical Signals
12 Jun 2026
AMBCrypto
View Source
Bullish
pluang ai news

PYTH token surged 15.08% to $0.0354 alongside a 198% increase in trading volume, signaling renewed trader interest after weeks of decline. Open Interest in futures rose 28.49% to $21.2 million, indicating fresh speculative bets and growing confidence in a price continuation. Technical indicators show early signs of stabilization and weakening selling pressure, but PYTH still faces resistance near $0.0425 and $0.0510. If buyers sustain momentum and break through liquidation clusters around $0.0360-$0.0380, the token could target higher resistance levels, though elevated leverage may cause volatility.

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