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Everyone’s buying $MU /USDT—but the 15m RSI just hit 70.5. That’s a trap.
$MU /USDT - SHORT
Trade Plan:
Entry: 923.10 – 931.60
SL: 968.16
TP1: 896.74
TP2: 876.34
TP3: 845.73
Why this setup?
• 4h bias is SHORT with 55.4% confidence, yet RSI on 15m is overbought at 70.5.
• Entry at 927.35 is within a tight range—TP1 at 896.74 is 3.3% below, while ATR is only 17.
• Why now? The overbought signal on a short timeframe often precedes a mean reversion, especially in a range-bound 1D trend.
Debate:
Is this a fake-out pump before the dump, or are we ignoring bullish momentum?