$MU /USDT on a 4-hour timeframe, RSI has hit rock bottom



MU_USDT - LONG

Trading plan:
Entry: 917.19 – 921.35
SL: 893.26
TP1: 938.78
TP2: 951.78
TP3: 971.29

Why focus on this structure?
- The 15-minute RSI has fallen to 31.97, close to the oversold zone, and short-term rebound momentum is building.
- The 4-hour timeframe trend is bullish, and the daily chart is trading in a range; the current price 919.27 is near the lower bound of the range.
- ATR shows volatility is moderate; the stop-loss at 893.26 is clear, and TP1 at 938.78 has 3% upside, with a reasonable risk-reward ratio.

Discussion:
For a LONG that combines low-level RSI with the lower bound of the range, are you waiting for confirmation of the rebound before entering, or placing orders directly to bet on a reversal?
MU-4.90%
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