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Everyone’s buying the dip on $MU /USDT—but the 4h EMA is screaming “fakeout.”
$MU /USDT - SHORT
Trade Plan:
Entry: 923.70 – 932.74
SL: 971.60
TP1: 895.68
TP2: 873.99
TP3: 841.46
Why this setup?
RSI at 58 on the 15m is still neutral-bearish, not oversold. 1D trend is range, not reversal. Entry zone 923–932 is holding, but TP1 at 895 is only 3.5% away—risk/reward favors shorts until 948 invalidates.
Debate:
Is this a dead cat bounce or the start of a liquidity grab before the real dump?