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Binance IWM Futures Gain 0.83% as Open Interest Rises 17.23%

At $274.23, the contract sat between support at $271.13 and resistance at $276.05, while remaining below five tracked averages.

Updated 1 min read
A data graphic shows the IWM futures contract price and open interest figures. (AI-generated image / EconoTimes)
A data graphic shows the IWM futures contract price and open interest figures. (AI-generated image / EconoTimes)

More contracts remained open as Binance futures tied to the iShares Russell 2000 Tokenized ETF advanced on Nov. 7, with the contract up 0.83% to $274.23 and open interest 17.23% higher over 24 hours.

The contract traded between $269.86 and $274.78 during the period, with volume of $719,084. At $274.23, its price sat between support at $271.13 and resistance at $276.05; the pivot point was $272.96.

All five tracked moving averages were above the contract’s price: $277.47 for the 12-period exponential average, $278.15 for the 26-period average, $277.67 for the seven-period simple average, $278.01 for the 20-period simple average and $278.97 for the 50-period simple average.

Open interest reached 1,512.88 contracts, up 17.23% over 24 hours; that increase alone does not show which side added exposure.

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