The Binance futures contract referencing the Invesco QQQ ETF fell 0.75% to $696.34 on October 31, with open interest collapsing nearly 24% in 24 hours and taker sell volume outpacing buy volume by ...
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As of the 09:00 UTC observation window on October 31, the Binance futures contract for the Invesco QQQ tokenized instrument was trading at $696.34, down 0.75% over the prior 24 hours. The session range of $685.80 to $702.00 captures the full extent of the move, and the current price sits in the lower half of that band — a detail that carries weight when mapped against the moving average structure.
Every single moving average supplied sits above the current price: the short-dated SMA 7 at $708.81, the SMA 20 at $715.77, the EMA 12 at $710.17, the EMA 26 at $718.77, the SMA 200 at $713.42, and the SMA 50 at $729.24 — the widest gap of the group. When price trades below even the 200-day average, which at $713.42 typically functions as a long-term trend anchor, the technical posture is unambiguously pressured. There is no timeframe on the supplied data where the contract is above a meaningful moving average, leaving the entire MA stack acting as layered overhead resistance rather than support.
Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.
It is worth keeping these contract prices distinct from the underlying US equity instrument.
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