Medtronic MDTUS/USDT on Bitunix slips to the bottom of its 94.5-96 range

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MDTUS/USDT, Bitunix's Medtronic stock perp, is pressing its 24h low this weekend. Numbers from the Bitunix futures API around 12:50 AM ET Sunday; the chart is the Oct 23 late-evening view.

What the contract is

A USDT-margined perpetual tracking Medtronic (NYSE: MDT) shares. It trades around the clock, up to 20x, with funding every 8 hours. Bitunix opened it at 8:00 AM ET on Oct 21.

Weekend tape

Last 94.55, mark 94.55
24h open 95.68, high 96.04, low 94.51, so down about 1.2%
24h volume about 67K USDT

Levels I am watching

The 95 to 97 range from Oct 22 to 23 broke lower, as the fading highs suggested. Short bias while 96.04 caps it, looking at 93, where the Oct 22 jump started. A 1h close above 96.04 cancels it.

Risk notes

The cash market is shut until Monday, so this is mostly perp-only flow. Expect slippage on any size.

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