✨ Recent market performance
💲 The token is currently trading around $0.165-$0.169 after breaking key resistance levels
📊 Technical indicators show the Relative Strength Index in overbought territory (72-76) with expanding Bollinger Bands ➡️ Strong momentum
💹 The PYTHBTC pair broke the resistance at levels 1.35e-6 and 1.36e-6 with significant volume support
🔥 The strategic catalysts driving growth
🤝 Partnership with the U.S. Department of Commerce to disseminate macroeconomic data (📉 inflation – 📈 GDP) on the series ➡️ PYTH acts as a bridge between traditional finance and blockchain 🪙
🌍 Indonesian regulatory approval 🇮🇩 under the supervision of OJK/CFX (September 1) expands global legitimacy
🏛️ The implementation of phase 2 focuses on achieving institutional revenue 💼 and improving governance
📜 The U.S. Blockchain Legal Framework 2025 recognizes PYTH's role in financial data infrastructure
🎯 Trading forecasts and considerations
🛡️ Current support at $0.16 with immediate resistance at $0.17
🚀 Analysts expect a potential target of $2 (2025-2026) if the network secures additional partnerships
