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$MU /USDT 4-hour bearish signal, but 15-min RSI already at 36.99—bounce or accelerated drop?
$MU /USDT - Short
Trade Plan:
Entry: 910.64 – 919.88
SL: 959.64
TP1: 881.98
TP2: 859.79
TP3: 826.50
Why focus on this structure?
- Bearish direction, entry reference 915.26, TP1 at 881.98, TP2 at 859.79.
- 1-day trend is sideways, 4-hour bearish signal activated (Armed).
- 15-min RSI 36.99 near oversold, but bearish structure unbroken, a bounce could be a trap.
- Why now? Entry range 910.64-919.88 formed, if it breaks below 910.64, bearish acceleration.
Discussion:
Will this wave reach TP1 (881.98) first or bounce to lure longs first?