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$MU /USDT 4H bearish signal, but RSI is still at 65——who do you trust?
$MU /USDT - SHORT
Trade Plan:
Entry: 950.8 – 960.2
SL: 1000.9
TP1: 921.4
TP2: 898.7
TP3: 864.7
Why watch this structure?
• Main direction is SHORT, with TP1 at 921.4 and TP2 at 898.7 on the 4H level, a 3.5%+ space.
• But 15M RSI at 65.72 is not overbought, and the 1D trend is range, indicating short-term bounce inertia.
• Why now? Because 955.5 is the key 1H resistance, and if it retests and does not break above, the bearish risk-reward is better.
Discussion:
Will it first drop to TP2, or fake-out short and pull back above 960?