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Binance Contract Referencing Meta Stays Below 20-Day Average

Binance Contract Referencing Meta Stays Below 20-Day Average

Photo: TokenPost

The Binance contract referencing Meta traded at $731.79 at 5 a.m. ET (09:00 UTC) on Oct. 12, up 1.65% over 24 hours while remaining below its 20-day simple moving average. The contract moved between $718.75 and $733.94 during the observation period. Its seven-day moving average was $725.41, while the 50-day and 200-day averages were $671.14 and $621.13, respectively. The price remained below the 20-day average of $734.19 but above the shorter-term seven-day measure. The instrument is described as a Binance tokenized-stock futures contract, although its exact product structure is not specified.

Source: TokenPost

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