Samsung Tokenized Stock Trades Near $139.71 Support as Binance Accounts Lean Long

Samsung Electronics Tokenized Stock (SAMSUNG) traded at $142.34 at 10:12 a.m. ET (15:12 UTC) Nov. 7, near listed support as the latest one-hour taker data favored sellers.

The token was down 1.09% over 24 hours. It stood above the Bollinger lower band at $139.75 and immediate support at $139.71, but below the $142.69 pivot.

Binance futures open interest rose 10.50% in 24 hours to 176,438.49 contracts, valued at $28,421,509. The increase showed more positions in the futures market, but did not identify which side drove the change.

Long positions accounted for 79.9% of Binance global accounts, compared with 20.1% short. Among top-trader accounts, 82.8% were long and 17.2% short. These figures describe Binance account groups, not the broader market or Samsung shareholders.

Taker buy volume was 1,373 against sell volume of 2,138 in the most recent one-hour window, for a buy/sell ratio of 0.6423. Funding was 0.0000%.

SAMSUNG was below its seven-period, 20-period and 50-period simple moving averages of $153.41, $161.14 and $179.65. Its 14-period relative strength index was 36.12. The moving average convergence divergence and its signal line were both -8.4336, with a zero histogram.

Listed resistance levels were $145.33 and $148.31. Below immediate support at $139.71, the next listed support was $137.07.