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Everyone is bullish on $MU /USDT—here’s why I’m betting against the hype.
$MU /USDT - SHORT
Trade Plan:
Entry: 1146.32 – 1150.70
SL: 1169.53
TP1: 1132.75
TP2: 1122.24
TP3: 1106.48
Why this setup?
The daily trend is range-bound, not trending up. 4h bias is SHORT with 55% confidence. RSI on 15m sits at 60—overbought on the short timeframe. ATR shows 1h volatility at 8.75, giving room for a move toward TP1 at 1132.75. Entry zone is tight at 1146-1150. Why now? The short setup is active while the crowd chases highs.
Debate:
Are we fading the breakout to TP2 at 1122 or getting stopped out first?