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$MU /USDT 4-hour timeframe hides a reversal signal?
$MU /USDT - go LONG
Trading plan:
Entry: 924.01 – 928.71
SL: 896.99
TP1: 948.39
TP2: 963.07
TP3: 985.09
Why focus on this structure?
The 15-minute RSI has already dipped to 43.96 in the oversold zone, together with the 4-hour EMA support at 926.36. The daily chart is still ranging, but the hourly ATR is only 9.41; after volatility contracts, direction often follows. Current price is right at the entry area, with LONG targets at TP1 948.39 and TP2 963.07, and a clear stop-loss at 896.99.
Discussion:
Will this move hit TP2 first, or is it a bull trap?