NVIDIA Perpetual Contract Falls Below Short-Term Averages as Taker Sells Outpace Buys at 5 a.m. ET (09:00 UTC)

NVIDIA’s NVDAUSDT equity perpetual contract fell 0.42% to $229.90 during the Oct. 12 observation window, slipping below three short-term averages as taker selling exceeded buying at 5 a.m. ET (09:00 UTC). The contract traded between $229.56 and $231.96, with 24-hour notional volume of $45.2 million. It stood below the seven-period simple moving average at $233.01, the 20-period simple moving average at $231.02 and the 12-period exponential moving average at $231.94. NVDAUSDT remained above its 50-period simple moving average at $225.27 and its 200-period simple moving average at $210.53.

Source: TokenPost