# Binance Futures CAT Contract Gains 1.75% but Remains Below Key Averages

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/52660
Published: 2026-11-10T00:05:57.000Z
Updated: 2026-11-10T00:05:57.000Z
Section: Investing

> The instrument stood above its $565.93 pivot, while its 14-day RSI was 26.68 and open interest fell 6.62%.

The CAT contract on Binance Futures rose 1.75% to $571.39 at 6:56 p.m. ET Nov. 9, while remaining below three key moving averages as its RSI signaled oversold conditions.

Here, CAT refers to the Binance Futures instrument, not Caterpillar Inc. shares. The contract traded between $555 and $571.39 over 24 hours. It was above a $565.93 pivot and below immediate resistance at $576.85, with another listed resistance at $582.32.

The instrument was below its seven-day simple moving average of $575.19, 20-day average of $640.16 and 50-day average of $736.99. Its 14-day relative strength index was 26.68, in oversold territory. Stochastic %K was 12.48 and %D was 9.99, near the lower end of the recent range. The moving average convergence divergence reading was negative at -51.5457, with a flat histogram at zero.

Funding was positive at 0.0396%, meaning long positions paid short positions. Open interest fell 6.62% to 1,673.31 contracts. Listed support was $560.46, followed by $549.54; the lower Bollinger Band was $521.66.