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$MU /USDT short signal appears, are you still chasing longs?
MU_USDT - SHORT
Trading Plan:
Entry: 1011.00 – 1019.66
SL: 1069.43
TP1: 974.76
TP2: 947.71
TP3: 907.13
Why focus on this structure?
- RSI on the 15-minute timeframe has reached 76.19, overbought in the short term, with strong pullback pressure.
- Short signal confirmed on the 4-hour timeframe, and the 1D trend is range-bound, not a one-sided uptrend.
- Entry 1015.33, targets TP1 974.76, TP2 947.71, stop loss 1069.43, reasonable risk-reward ratio.
Discussion:
Do you think MU_USDT will reach TP1 or break the stop loss first?