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$MU /USDT 4-hour short signal has been triggered. RSI on the 15-minute chart has fallen to 41.75—will it bounce or continue declining?
$MU /USDT - SHORT
Trading Plan:
Entry: 985.31 – 992.45
SL: 1023.16
TP1: 963.17
TP2: 946.03
TP3: 920.32
Why focus on this setup?
- The current entry reference price is 988.88, with the stop loss set at 1023.16—risk is controllable.
- The 1-day trend is ranging. The 4-hour bearish signal is activated, and the RSI on the 15-minute chart has already broken below 50, with momentum leaning weak.
- Target TP1 at 963.17 (about 2.6% upside/downside room), TP2 at 946.03. If the level breaks, we could potentially see even deeper.
Discussion:
Will this SHORT reach TP1 first, or will it lure buyers with a bounce to 1020 before dropping? Comments will tell.