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Everyone’s betting against $MU /USDT—but the 15m RSI just hit 19.38, and I smell a trap.
$MU /USDT - LONG
Trade Plan:
Entry: 1002.20 – 1009.38
SL: 960.93
TP1: 1039.43
TP2: 1061.86
TP3: 1095.50
Why this setup?
Why now? The 4h bias is LONG with 77% confidence, and price is hovering at the 1h pivot of 1005.79. RSI on the 15m is deeply oversold (19.38), suggesting a snap-back is imminent. ATR on the 1h is tight at 14.37, meaning the squeeze is building—not breaking. Entry zone is 1002–1009, with TP1 at 1039. Waiting for confirmation above 1005.79.
Debate:
Are we getting a dead cat bounce to 1039 or the real reversal to 1061?