Roper Technologies $ROP stock perp is live on MEXC (USDT-M, up to 20x)
Vertical-software and tech holding company
Key takeaway
Fuller read on the MEXC ROPSTOCK_USDT perp (data as of 10:36 AM ET): Project: Roper Technologies (NASDAQ: ROP) is a holding company built around vertical software and tech businesses. MEXC lists it as a USDT-margined stock perp. It went live at 8:00 AM ET with up to 20x.
Structure:
- Last 473.61, index 473.51
- Flat on the day (+0.11%)
- Opening whipsaw: 483.00 high at 8:05 and 463.15 low at 8:15 ET
- After the 9:30 cash open it dipped to 468.45, then recovered back above 473
- 24h turnover about 13.3K USDT, open interest about 11.0K USDT. Thin
- Funding -0.0072% per 8h. Shorts pay a little
- Fees: 0% maker, 0.02% taker
Bias: long, a mild one, from the reclaim after the cash-open dip with slightly negative funding. Invalidation: under 468.45, the post-open low. Key levels: 468.45 support, 475-477 overhead, 483.00 opening high.
This is a low-conviction range setup, so keep it small.
NFA
Bias: long. Invalidation: under 468.45. NFA
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