$MU /USDT 4-hour signal about to reverse?



MU_USDT - SHORT

Trade Plan:
Entry: 1003.51 – 1012.33
SL: 1050.23
TP1: 976.19
TP2: 955.04
TP3: 923.30

Why focus on this structure?
- 15-minute RSI at 71.56, overbought zone suggests short-term overheating, suitable for positioning a SHORT.
- 1D trend is range, 4h signal bearish (Conf: 55), current price 1007.92 close to entry reference.
- TP1 at 976.19, risk-reward ratio about 1.8:1, stop loss at 1050.23 clear.
- Why now? High RSI + range-bound consolidation, bears have room for a pullback.

Discussion:
Will it hit TP1 first, or break the invalidation level at 1018.36?
MU5.33%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned