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$MU /USDT 4H Signal: Bear trap or real breakout?
$MU /USDT - SHORT to go short
Trading plan:
Entry: 983.75 – 992.01
SL: 1027.56
TP1: 958.12
TP2: 938.28
TP3: 908.53
Why focus on this structure?
- Current price 987.88, 15-minute RSI 60.3: mildly bullish in the short term, but not overheated yet.
- The 1D trend is ranging; the 4H direction is clearly bearish, main strategy: SHORT.
- Entry zone 983.75–992.01, TP1 958.12, favorable risk-reward.
- Why now? Wait for price to rebound to around 992 to confirm resistance, then sell at the high of the ranging range.
Discussion:
Will TP1 on this short hit first, or will it get stopped out by SL first?