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Everyone is buying $MU /USDT—I’m waiting to short it at 974.
$MU /USDT - SHORT
Trade Plan:
Entry: 971.17 – 978.25
SL: 1018.93
TP1: 941.54
TP2: 919.43
TP3: 886.26
Why this setup?
RSI on the 15m is already overheated at 74.82, while the 4h trend is range-bound with no breakout conviction. The primary target is a 3.4% drop to TP1 at 941.54. Why now? Because the entry zone at 971-978 is a liquidity grab zone before downside.
Debate:
Are we hitting TP2 at 919 or getting a fakeout above 978 first?