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Why is everyone ignoring $MU /USDT’s RSI at 41.9 while it’s still shorting?
$MU /USDT - SHORT
Trade Plan:
Entry: 874.88 – 883.40
SL: 920.06
TP1: 848.45
TP2: 827.98
TP3: 797.29
Why this setup?
RSI 15m at 41.94 signals bearish momentum, not oversold. 4h short bias armed at 879.14 with TP1 at 848.45—that’s a 3.5% drop. ATR 1h at 17.05 means volatility is ripe for a breakdown. Range-bound 1D trend? This is the squeeze window.
Debate:
Do you fade the RSI bounce or ride to TP2 at 827.98?