$MU /USDT on the 4-hour timeframe, bearish signals are emerging—don’t rush to catch the falling knife.



$MU /USDT - SHORT

Trading plan:
Entry: 843.42 – 845.72
SL: 855.66
TP1: 836.25
TP2: 830.71
TP3: 822.40

Why focus on this structure?
- Current price 844.57 is near the 4-hour EMA resistance; RSI on the 15-minute chart is 59.37, and rebound momentum is weakening.
- The 1-day trend is in a ranging zone; bearish conviction is 55.4%, and the probability of a short-term reversal is high.
- Stop loss at 855.66; targets TP1 at 836.25; risk-reward is 2:1, suitable for a small-position short trial.

Discussion:
Will this short hit TP1 first and then range, or will it accelerate and break down directly?
MU0.86%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
134Ceros
· 7h ago
Zone 844 is testing the EMA 4H resistance, but the 15' RSI is weakening gradually; the chance of hitting TP1 before a sideways move is higher, so it’s more likely to drop straight down.
View OriginalReply0
  • Pinned