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$MU /USDT bearish signal just hit—are you going to follow it?
MU_USDT - SHORT (sell to open)
Trading plan:
Entry: 978.20 – 980.04
SL: 987.98
TP1: 972.48
TP2: 968.05
TP3: 961.41
Why focus on this structure?
1. Clear bearish on the 4-hour timeframe: EMA suppression; RSI (15m) is only 55.82—rebounds have no strength.
2. Why now? Price is 979.12, close to the resistance zone. TP1 at 972.48—tempting risk-reward.
3. SL at 987.98—if it breaks below the trend line, there’s a high chance of an accelerated drop.
Discussion:
Will this first reach TP2 at 968.05, or is it going to lure buyers before pulling back?