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Everyone’s chasing the $MU /USDT breakout, but the data just screamed “short trap.”
$MU /USDT - SHORT
Trade Plan:
Entry: 896.49 – 902.17
SL: 926.64
TP1: 878.85
TP2: 865.20
TP3: 844.72
Why this setup?
Why now? The 4h bias is SHORT with 55% confidence, yet the 15m RSI is overbought at 72.61—a classic exhaustion signal. Entry sits at 899.33, with TP1 at 878.85 and TP2 at 865.20. This isn’t a trend; it’s a range squeeze waiting to snap.
Debate:
Are you shorting the 899 level or waiting for the fakeout to 902?