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Everyone’s long $MU /USDT—I’m waiting for the rug pull above 1093.
$MU /USDT - SHORT
Trade Plan:
Entry: 1087.92 – 1093.58
SL: 1117.93
TP1: 1070.37
TP2: 1056.78
TP3: 1036.39
Why this setup?
RSI on 15m at 66.76, still climbing into overbought territory. 4h bias is SHORT with 55% confidence, and we’re range-bound on the daily. Entry zone 1090–1093 is a liquidity magnet before reversal to TP1 at 1070. Why now? The setup is waiting for the fakeout—short rejection above 1093.58 triggers the trap.
Debate:
Are you fading the breakout or chasing the green candle? What’s your TP?