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Everyone longs $MU /USDT at 1132—I smell a 4h trap forming.
$MU /USDT - SHORT
Trade Plan:
Entry: 1130.28 – 1134.84
SL: 1154.47
TP1: 1116.13
TP2: 1105.17
TP3: 1088.74
Why this setup?
RSI on 15m sits at 62.5, still room to drop before oversold. 1D trend is range, not bullish. Entry at 1132.56 with TP1 at 1116.13 gives a clean 1.4% move against the crowd. ATR on 1h is 9.13—tight enough for a fast scalp.
Debate:
Are you fading the pump to TP2 at 1105 or waiting for invalidation at 1069?