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$MU /USDT 4-hour level short alert, RSI has fallen below 30!
$MU /USDT - SHORT
Trading plan:
Entry: 963.25 – 969.91
SL: 998.54
TP1: 942.61
TP2: 926.63
TP3: 902.67
Why focus on this setup?
- 15-minute RSI is only 29.87; short-term is oversold, but bearish momentum hasn’t fully faded.
- 4-hour EMA alignment is bearish; price is capped around 966.58, with TP1 at 942.61 below.
- Why now? The 1-day trend is ranging, but the 4-hour bearish signal is clear—this is a shorting opportunity on any short-term rebound.
Discussion:
Will this leg of selling reach TP1 first, or will it spike down then rebound before dropping?