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$MU REBOUNDS TO $846 – DEAD CAT OR REAL RECOVERY?!"
MU is up 3.24% today after yesterday's crash to $830. The 4-hour chart shows a bullish engulfing candle forming at the bottom – a classic reversal signal. Volume is confirming the move, with buyers stepping in aggressively.
Resistance sits at $860 and $880. If MU breaks above $860, I'd expect a move toward $900. Support is now at $820 – a break below would invalidate this bounce.
RSI has recovered from 25 to 38 – still room to run before overbought. This is a classic oversold bounce setup.
#PreIPOsSeason2OpenAISubscription #GateDEXIntegratesWithRobinhoodChain #TSMCQ2NetProfitSurges77%