New on MEXC: $RKT USDT-M stock perp (Rocket Companies), live 8:27 AM ET, up to 20x
Rocket Mortgage parent; rate-sensitive home lending and servicing
Key takeaway
RKT stock perp notes, from the official MEXC contract API, Nov 4: What it is: Rocket Companies (NYSE: RKT) is the parent of Rocket Mortgage, one of the largest US home lenders, and also runs mortgage servicing and real estate apps. It trades as a rates play: falling mortgage rates help origination volume.
Contract: USDT-margined, opened 8:27 AM ET, up to 20x, taker 0.02% / maker 0%. Tagged Stock/TradFi, so it follows the NYSE session.
Tape: a steady climb from 14.21 to a 14.89 high, last ~14.80. Funding is near flat, so no crowding on either side yet.
Plan: LONG while it holds 14.60, looking for a push through 14.89. A 1h close under 14.40 invalidates. Thin early books, size small.
NFA
Bias: LONG above 14.60.
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