Binance AMZNUSDT Trades Near Upper Band as Amazon Share Target Reaches $385
Photo: TokenPost
Binance’s AMZNUSDT perpetual contract traded near its upper Bollinger Band Monday as the derivative stayed above its listed moving averages while momentum indicators delivered a mixed, extended signal. The contract was priced at $263.34 at 5 a.m. ET (09:00 UTC) Oct. 12. It gained 0.17% over 24 hours and traded between $262.07 and $265.03. The upper Bollinger Band stood at $265.01, while the lower band was $242.38 and the reported %B reading was 0.9263. AMZNUSDT remained above its seven-day, 20-day, 50-day and 200-day simple moving averages, which were $260.72, $253.70, $255.80 and $251.94, respectively. Momentum readings were mixed.
Source: TokenPost
