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$MU /USDT on the 4-hour timeframe—are the majors brewing a big liquidation?
$MU /USDT - Going LONG
Trading plan:
Entry: 874.34 – 881.00
SL: 836.15
TP1: 908.81
TP2: 929.56
TP3: 960.70
Why focus on this structure?
- Current price 877.67; 15-minute RSI is only 37.41—building power for a rebound in the oversold zone.
- The 4-hour trend is bullish; TP1 at 908.81 with a risk-reward ratio of 3:1.
- The daily is consolidating, but the LONG signal is 77, confirming the support zone is valid.
Discussion:
Will this move first reach TP2 at 929.56, or is it a bull trap?