New on MEXC: $ELV.USDT stock perp, Elevance Health, a top US health insurer, live with up to 20x

MEXC ELV stock perp notes, official MEXC contract data around 12:20 PM ET Oct 26:
What it is: a USDT-margined perp tracking Elevance Health, listed in MEXC's stock futures. Trading opened at about 10:25 AM ET today. Max 20x, contract size 0.001, fees 0% maker / 0.02% taker.
Live stats: Range so far is 430.39 to 440.64, with last 431.36. Funding +0.0135%. Volume about 9.31K USDT, open interest 11,390 contracts (about 4.9K USDT).
Setup: A clean sequence of lower highs. A break of 430.39 extends the move.
Invalidation: 15m close above 433.59.
Risk: a brand new contract with thin books, and it follows US market hours. Size small. Not financial advice.
Bias: SHORT. Lower highs since the 440.64 open, price around 431.4, longs paying funding.
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