Everyone’s chasing the $MU /USDT breakout—but the data is screaming for a short.



$MU /USDT - SHORT

Trade Plan:
Entry: 972.24 – 980.82
SL: 1017.69
TP1: 945.66
TP2: 925.07
TP3: 894.20

Why this setup?
RSI on 15m is 42.3, already bearish momentum. 4h trend is range-bound, not bullish. Entry ref at 976.53 with a tight invalidation at 958.80—risk is defined, reward is 3:1 to TP3 at 894.20. Why now? The ATR of 17.15 means a move to TP1 (945.66) is less than 2 candles away if volume confirms.

Debate:
Are you fading the crowd at 976 or waiting for the invalidation pop?
MU7.26%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned