New on MEXC: $EIDO.USDT stock perp, the iShares MSCI Indonesia ETF, live with up to 20x

MEXC EIDO stock perp notes, official MEXC contract data around 11:35 AM ET Oct 26:

What it is: a USDT-margined perp tracking EIDO, listed in MEXC's stock futures. Trading opened at about 5:30 AM ET today. Max 20x, contract size 0.01, fees 0% maker / 0.02% taker.

Live stats: 24h range 10.30 to 10.64, last 10.52, -0.84%. Funding -0.1937%. Volume about 29.8K USDT, open interest 182,410 contracts (about 19.2K USDT).

Setup: Shorts are paying heavily inside a tight range, and a squeeze toward 10.64 is the upside reference.

Invalidation: 15m close under 10.30.

Risk: a brand new contract with thin books, and it follows US market hours. Size small. Not financial advice.

Bias: LONG. Funding is deeply negative at about -0.20% while price holds near 10.52 above the 10.30 low.