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$MU Preparing for a bearish move. Right now everyone online is shouting “buy the dip,” but at this moment I think we should think the other way around. The current supply zone has already been activated, and the bearish setup on the 4-hour timeframe is still valid. The daily chart is also capped inside the range, and the price faces clear resistance around 943 to 946.
I looked at the 15-minute data: the RSI is around 39, and the bears may still have room to push further down. Also, on the 15-minute timeframe, volume has surged by nearly 4x—real sell orders have already appeared.
You can watch for an entry opportunity near 943–946. If it drops, keep an eye on 934 and even the 916 area. But don’t chase too aggressively—set your defense above 958, manage risk, and make sure you place a stop-loss.