Tractor Supply TSCO/USDT on MEXC: weekend chop at 33.4 after Friday's bleed

TSCO/USDT, the Tractor Supply stock perp that MEXC opened at 8:55 AM ET on Oct 23, is chopping near Friday's lows. Numbers come from the MEXC API around 12:50 AM ET Sunday; the chart is Friday's.

Company in one line

Tractor Supply is the largest US farm and rural lifestyle retailer.

Key terms

Contract size 0.01 TSCO, up to 20x, 0% maker / 0.02% taker, funding every 8 hours.

Price check

Last 33.49, index 33.44, down 0.17%. The 24h range is 33.19 to 33.70, funding is -0.0142% and turnover is about 103K USDT.

Bias

Friday's first-day candles spiked to 34.74 and bled lower all session, to a 33.03 low. Lower highs are still the trend. I lean short below 33.70 with 33.03 as the target. A 15m close above 33.80 cancels it.

Caveats

Shorts pay a small funding fee. Open interest is low, so a few orders can move this. The share reopens Monday at 9:30 AM ET and can gap.