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$MU /USDT 4-hour fake breakout? Bearish signal has been confirmed.
$MU /USDT - Short SHORT
Trading plan:
Entry: 981.05 – 987.27
SL: 1013.99
TP1: 961.79
TP2: 946.88
TP3: 924.51
Why focus on this structure?
- Current price 984.16, 15-minute RSI 58.02, not overbought, bears still have room.
- 4-hour timeframe trend is bearish, TP1 961.79 (-2.3%), TP2 946.88 (-3.8%).
- Why now? EMA support has been broken; if it falls below 981.05, the selloff will accelerate.
Discussion:
Will this move first bounce to TP1, or directly wick into TP2?