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$MU /USDT’s 15-minute RSI is at 67.7—could this be a reversal signal?
$MU /USDT - SHORT
Trading plan:
Entry: 879.5 – 889.7
SL: 933.5
TP1: 847.9
TP2: 823.5
TP3: 786.8
Why watch this structure?
- Direction: SHORT, confidence 55.4, and the 1D trend is in a ranging zone.
- Entry reference: 884.6, TP1: 847.9, TP2: 823.5, SL: 933.5.
- RSI is currently elevated; on the 4-hour timeframe, we’re waiting for a breakout—there may be a pullback in the short term.
Discussion:
Do you think MU will hit TP2 first or get stopped out by the SL?