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$MU /USDT 4-hour short signal—will a rebound be a trap?
$MU /USDT - GO SHORT
Trading plan:
Entry: 988.65 – 995.91
SL: 1027.15
TP1: 966.13
TP2: 948.70
TP3: 922.55
Why focus on this setup?
- Current price 992.28, 4H SHORT direction, 55% confidence
- 15-minute RSI 59.51: not overbought yet, but the 1-day trend is in a ranging zone
- Key resistance 995.91: if it doesn’t break through, the short target is TP1 966.13
- Why enter now: the EMA structure is bearish; a bounce to around 992 provides a high risk-reward short entry
Discussion:
Will this short reach TP2 948.70 first, or will it be forced to stop out by a strong push up at 995.91?