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$MU /USDT 4-hour level: RSI 15-minute oversold 25, rebound imminent?
$MU /USDT - Long LONG
Trade plan:
Entry: 874.86 - 884.62
SL: 818.80
TP1: 925.44
TP2: 955.91
TP3: 1001.62
Why pay attention to this structure?
- Current price 879.74, 1-hour EMA support effective, LONG signal 77 points.
- RSI 15-minute dropped to 25.11, extremely oversold, historically high probability of rebound from similar positions.
- Target TP1 925.44 (+5.2%), TP2 955.91, stop loss 818.80 (-6.9%), risk-reward ratio reasonable.
- Why now? Oversold + EMA support resonance, best window for short-term speculation.
Discussion:
Will this rebound first look at TP1, or directly spike to trap longs? Leave your thoughts in the comments.