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$MU /USDT 4H Bearish Signal, but RSI Suggests a Rebound?
$MU /USDT - Short SHORT
Trading Plan:
Entry: 925.60 – 934.16
SL: 970.93
TP1: 899.09
TP2: 878.57
TP3: 847.78
Why Focus on This Structure?
- Current price 929.88, hugging the 4H EMA, direction clearly favors SHORT.
- 15-minute RSI is only 51.98, not oversold, bearish momentum not exhausted.
- Daily trend is range-bound, but the 4H bearish signal is activated: TP1 at 899.09, TP2 at 878.57.
- Why now? Price is lingering around the 4H resistance zone; if it breaks below support at 925.60, downside accelerates.
Discussion:
Will this bearish wave reach TP2 first, or will there be a fakeout and rebound?