$MU ‌MU's setup from this 1H chart: price is at 905 (+1.5%), sitting just below the Bollinger middle band (916.40) after a steep slide from around 1,089 down to a low of 854.51, and it's now consolidating in the roughly 895–930 range.


On the upside, 916 (BOLL mid-band) is the first hurdle, with 962–964 (SuperTrend / BOLL upper band) as the next resistance zone. On the downside, support sits around 895 (today's low), then 868 (BOLL lower band), then 854 (the recent swing low).
The MACD histogram just turned positive as DIF crossed above DEA, hinting that short-term momentum may be shifting up — but both lines are still negative, so the broader trend on this timeframe remains down or neutral. SuperTrend at 962.55 is also still above price, keeping the indicator in "sell" mode until that level gets reclaimed.
A bullish case would look for a hold above ~916 with a stop somewhere around 868–895, targeting the 962–964 zone. A bearish case would look for rejection in the 916–930 area with a stop above the recent local high, targeting back toward 854–868.
I'm not a financial advisor — this is just a read of the chart's indicators, not a recommendation, so weigh it alongside the broader trend, any recent MU news, and your own risk tolerance.
MU13.20%
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