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$MU /USDT on the 4-hour chart shows a rare signal—are the bulls about to explode?
$MU /USDT - Go LONG
Trading plan:
Entry: 829.34 – 836.48
SL: 788.36
TP1: 866.32
TP2: 888.60
TP3: 922.01
Why focus on this structure?
- The 15-minute RSI has fallen to 30.14, near the oversold zone, a rebound could start at any time
- Current price is 832.91, exactly around the 4-hour EMA support, the entry level is precise
- Target TP1 866.32, TP2 888.60, and the risk-to-reward ratio is as high as 3:1
- While the trend is ranging, the bullish signal is clear, supported by 77% confidence
Discussion:
Will this move hit TP2 first and then pull back, or is it a direct bull trap? Which side are you on?