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MU shorts are laying in wait—can this drop reach 823?
$MU /USDT - SHORT
Trading plan:
Entry: 843.84 – 846.12
SL: 855.95
TP1: 836.75
TP2: 831.27
TP3: 823.05
Why focus on this structure?
• 4H SHORT signal, and the 1D trend is still ranging, but the bears are in control.
• Current price is 844.98, close to the 15-minute RSI 61.78; it hasn’t reached overbought yet, and there’s still downside room.
• First target TP1 836.75, second target TP2 831.27; stop loss 855.95, with a reasonable risk-reward ratio.
• Why now? The upper edge of the range is being rejected, the short signal is clear—waiting for entry.
Discussion:
Do you look at this short first for TP1, or go straight to TP2? Will you place a limit order?