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$MU /USDT's rebound just a fake move?
MU_USDT - Short SHORT
Trading Plan:
Entry: 992.32 – 1000.44
SL: 1035.36
TP1: 967.14
TP2: 947.65
TP3: 918.42
Why focus on this structure?
- 4-hour level signal clearly points to SHORT, confidence 55.4%, but the trend is still oscillating.
- 15-minute RSI is only 41.72, not yet oversold, indicating bearish momentum is not exhausted.
- Entry reference 996.38, TP1 at 967.14, risk-reward ratio is ideal.
- Why now? The daily range is unbroken, and the rebound to a high is exactly the window to place short positions.
Discussion:
Will this wave hit TP1 first, or fake a breakout and then go straight to SL?