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Cosmos ATOM at $1.71 as Binance Futures Show More Taker Selling

ATOM was down 3.07% over 24 hours and ranged from $1.70 to $1.78. Binance futures showed a taker buy/sell ratio of 0.5888 for an hour ending near 3 a.m. ET (07:00 UTC).

A silver orbital token balances at the edge of a steel rail / TokenPost.ai
A silver orbital token balances at the edge of a steel rail / TokenPost.ai

Cosmos (ATOM) traded at $1.71 on Oct. 22, matching its 200-day simple moving average, while Binance futures taker sell volume exceeded buy volume in the hour ending near 3 a.m. ET (07:00 UTC).

ATOM was down 3.07% over 24 hours and ranged from $1.70 to $1.78. Binance futures showed a taker buy/sell ratio of 0.5888, with 168,133 buy contracts and 285,542 sell contracts.

ATOM's technical levels included support at $1.67 and $1.64 and resistance at $1.76 and $1.82.

On Oct. 21, ATOM was above its seven-day average but below its 20-day average; the prior moving-average setup adds context.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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