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Everyone’s bullish on $MU /USDT—but the 4h data just screamed “fakeout” at 888.54.
$MU /USDT - SHORT
Trade Plan:
Entry: 882.99 – 894.09
SL: 941.84
TP1: 848.57
TP2: 821.92
TP3: 781.94
Why this setup?
Why now? RSI on the 15m is crushed at 39.07, showing momentum already fading. The ATR of 22 on the 1h means volatility is tight, trapping late buyers. With a SHORT bias at 55% confidence and TP1 at 848.57, the downside is clearer than the upside—especially since the 1D trend is just a range, not a breakout.
Debate:
Are you shorting the bounce or waiting for a reclaim above 894?