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$MU /USDT — Is this leg-down a fakeout or a real breakdown?
$MU /USDT - Going SHORT
Trading plan:
Entry: 973.26 – 975.24
SL: 983.74
TP1: 967.13
TP2: 962.39
TP3: 955.27
Why focus on this structure?
The 4-hour timeframe signals are clear: RSI on the 15-minute chart is only 37.72, suggesting oversold conditions are brewing a rebound, but the 1-day trend is still ranging. Enter at 974.25, with TP1 directly targeting 967.13, and TP2 at 962.39. Why now? The short-term selling pressure hasn’t been fully released yet, so shorts still have room, but be alert to EMA support levels.
Discussion:
Will this move reach TP2 first, or is it a bull trap?