Samsung-Linked Perpetual Trades Near 20-Day Average as Open Interest Rises

Photo: TokenPost
Samsung Electronics Tokenized Stock (SAMSUNG) traded near its 20-day average Wednesday as open interest in its Binance Futures perpetual rose, while a shorter trading window showed more selling than buying. The SAMSUNGUSDT contract was $164.73 at 9:30 a.m. ET (14:30 UTC) on Nov. 4, down 0.12% over 24 hours. Its high and low during that period were $170.30 and $156.26. The price was close to its 20-day simple moving average of $163.86. It was slightly below the seven-day average of $164.89 and farther below the 50-day average of $182.71. The daily relative strength index stood at 44.61, a neutral reading.
Source: TokenPost







