Cosmos Token Holds Near $2 Resistance as Futures Open Interest Rises
Photo: TokenPost
Cosmos (ATOM) traded near $2 resistance on Oct. 11 as futures open interest rose 16.63% to approximately $31.15 million, signaling heavier derivatives positioning while market momentum remained mixed. ATOM was priced at $1.94 on Binance, within a reported intraday range of $1.91 to $2.02. The $2.00 level aligned with the upper Bollinger Band and served as immediate resistance. Stronger resistance was identified at $2.06, while support levels stood at $1.90 and $1.85. The increase in futures open interest brought the total to about 13.57 million contracts.
Source: TokenPost
