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Everyone is panic selling $MU /USDT at 1043—but the RSI just flashed its lowest reading since the crash.
$MU /USDT - LONG
Trade Plan:
Entry: 1039.25 – 1047.99
SL: 989.05
TP1: 1084.55
TP2: 1111.84
TP3: 1152.77
Why this setup?
• 15m RSI at 29.75 is oversold, historically preceding 4h reversals.
• ATR of 17.5 means volatility is contracting—breakouts snap fast.
• TP2 at 1111 is within range with 77% confidence; entry low at 1039 gives a 1:4 risk-reward.
Debate:
Is this the bottom-fishing setup of the week, or is 989 the real magnet before a bounce?