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$MU /USDT on the 4-hour timeframe: the short signal has been triggered—are you brave enough to follow?
$MU /USDT - Sell SHORT
Trading plan:
Entry: 985.96 – 993.36
SL: 1025.21
TP1: 963.00
TP2: 945.22
TP3: 918.56
Why focus on this structure?
- Current price 989.66, hovering near the 4-hour EMA; RSI on the 15-minute chart is 57.33, not overbought, with room to the downside
- 1D trend is ranging, but the SHORT signal is clear; TP1 is 963, TP2 is 945
- Why now? Price hasn’t broken the 993.36 resistance. If it falls below the entry low 985.96, the probability of the short accelerating is higher
Discussion:
Will this short reach TP1 first, or is it a bull trap and rebound? See you in the comments to find out.