Binance TSLA Perpetual Trades Below Six Averages at $352

Binance’s TSLAUSDT perpetual contract stood at $352.10 on Sunday, Oct. 18, down 0.38% over 24 hours. The price was below all six listed moving averages, while one hourly reading showed more aggressive selling than buying.

The contract traded between $348.07 and $354.31 over 24 hours, with about $27.4 million in notional volume. Its listed moving averages ranged from $362.22 for the seven-day simple moving average to $377.30 for the 200-day average. The other readings were $369.10 for the 20-day simple moving average, $366.59 for the 50-day average, $364.66 for the 12-day exponential moving average and $367.23 for the 26-day average.

The 14-period relative strength index was 36.65. Bollinger %B was 0.1311, near the lower band at $346.06; the upper band was $392.14. Technical reference levels put support at $348.68 and $345.25, resistance at $354.92 and $357.73, and the daily pivot at $351.49.

At 5 a.m. ET (09:00 UTC), the one-hour taker buy/sell ratio was 0.8794. Aggressive sell volume totaled 701 units, compared with 617 units of aggressive buy volume. That reading covers one hour. Open interest was 159,924.49 contracts, worth $57.1 million in notional terms, up 1.43% over 24 hours. Open-interest data alone does not show whether positions were predominantly bullish or bearish.

The contract tracks Tesla common shares and settles in USDT. It trades around the clock, and its price index uses an order-book-based smoothed method during weekends and holidays. The Sunday contract reading reflects the derivatives market, rather than a direct quote for Tesla shares.