$MU Guys, MU is currently trading in a range right around 965! Over the past 24 hours it’s still up 3.66% against the trend, but pre-market share price is down 1.75%—this looks clearly like the bulls spiking up and then pulling back, with the main force hitting resistance and washing around the 990 area!

Although Micron surged 2.5% overnight on the positive stimulus of Google raising its 2026 capital expenditure, the pre-market contracts don’t buy it at all—everything is being pressured by sell-off from short-term profit-taking and a bearish signal from a MACD dead cross (MACD: -1.39). The market sentiment right now is cautious, and the technicals suggest that 998.59 is a short-term trapped-position “dead spot,” with very heavy overhead selling pressure.

In the short term, expect consolidation and a pullback at the highs. Resistance ceiling is in the 990–998 area (the Bollinger Band upper rail and the 24h high). Support floor is in the 925–960 area (the 24h low and near the Bollinger Band lower rail).