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Everyone’s bullish on $MU /USDT—but the data just flagged a short trap at 1128.
$MU /USDT - SHORT
Trade Plan:
Entry: 1126.46 – 1130.86
SL: 1149.80
TP1: 1112.80
TP2: 1102.23
TP3: 1086.38
Why this setup?
RSI on 15m is neutral at 49.59, but the 4h timeframe is screaming SHORT with 55% confidence. Price is hugging the entry at 1128.66 while ATR shows tight 1h volatility (8.8). The range-bound 1D trend means a breakout is overdue—and the short targets (TP1: 1112, TP2: 1102) are within striking distance if volume confirms.
Debate:
Are you fading the retail crowd here, or do you think this shorts gets squeezed above 1131?