Alibaba Tokenized Stock Fell 2.85% in 24 Hours to $107.87 Friday

Alibaba Tokenized Stock (BABA) fell 2.85% over the latest reported 24-hour period to $107.87 in the Binance futures market, after reaching a high of $112.16 above the $111.79 immediate resistance level. BABA traded between $104.68 and $112.16 during the period. Its ending price was below the $111.79 resistance level. The listed pivot was $108.24, with immediate support at $104.31, strong support at $100.76 and the next resistance at $115.72. BABA ended above its 50-day simple moving average of $107.27 and the Bollinger middle band at $102.63, but below its 200-day average of $116.77.

Source: TokenPost