Binance’s AMD-Linked Perpetual Contract Falls 2.72% in 24 Hours

In pricing available on Oct. 20, Binance’s AMDUSDT perpetual contract stood at 531.02 USDT, down 2.72% over 24 hours; TD Cowen’s $675 target applies to AMD shares. The contract’s stochastic oscillator showed %K at 12.56 and %D at 10.05, both below 20, a level commonly used to flag oversold conditions. The contract also traded below its tracked moving averages, and its 14-period relative strength index was 35.76. These readings describe recent momentum but do not establish that the decline has reversed.

Source: TokenPost