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$MU /USDT 4-hour RSI hits bottom at 28, reversal signal appearing?
$MU /USDT - LONG
Trading Plan:
Entry: 953.31 – 960.57
SL: 911.58
TP1: 990.96
TP2: 1013.64
TP3: 1047.67
Why pay attention to this structure?
- RSI 15-minute at 28.11, oversold zone rebound imminent
- 4-hour direction LONG, confidence 77.4%, major capital positioned
- Current 956.94 near EMA support, high risk-reward entry point
- TP1: 990.96 (+3.6%), TP3: 1047.67 (+9.5%)
- Why now? Oversold + trend support resonance, waiting for volume confirmation
Discussion:
Will this wave first hit TP1 to lure longs, or directly break through to TP2? How do you set SL for your position?