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Most traders ignore the 4h short bias on $MU /USDT—here’s why that’s a mistake right now.
$MU /USDT - SHORT
Trade Plan:
Entry: 999.05 – 1004.57
SL: 1028.33
TP1: 981.92
TP2: 968.67
TP3: 948.78
Why this setup?
RSI on 15m is already oversold at 38.51, but 1D trend is range-bound, not bearish. The short entry at 1001.81 targets 981.92 (TP1) first, with a tight stop at 1028.33. Why now? ATR on 1h is 11.04—enough room for a quick scalp before the range traps bulls.
Debate:
Do you trust the 4h short signal or wait for a breakout above 1004.57?