On the $MU /USDT 4-hour chart, RSI on the 15-minute timeframe is overbought, and a bearish signal has already appeared.



$MU /USDT - SHORT

Trading plan:
Entry: 849.01 – 850.95
SL: 859.32
TP1: 842.98
TP2: 838.31
TP3: 831.31

Why focus on this structure?
- RSI on the 15-minute timeframe reached 74.17, short-term is overheated, and the probability of a pullback is high.
- The 1D trend is ranging; there is a bearish signal on the 4-hour timeframe (confidence 55.4%), with an entry reference at 849.98.
- Target TP1 is 842.98, TP2 is 838.31, and stop loss is 859.32. Why now? Overbought zone + the upper edge of the range means a better short risk-reward.

Discussion:
For this short, should we take a look at TP1 first, or go straight for TP2?
MU1.81%
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