Post
Bullish

$MU /USDT is sitting on a range all day but a quiet 15m RSI whisper says otherwise.



$MU /USDT - LONG

Trade Plan:
Entry: 965.71 – 966.97
SL: 958.53
TP1: 972.20
TP2: 976.10
TP3: 981.96

Why this setup?
Why now? The 4h trend is a range, so we wait for a decisive push, and the 15m RSI at 33.71 signals oversold momentum that could flip bullish. The 1h ATR of 2.503133 tells us average hourly moves are modest, so a break from the entry zone around 966.34 can ride that compressed energy. The daily range means the market is coiled, and the entry low at 965.71 is the line where buyers must defend. TP1 at 972.20 and TP2 at 976.10 are the first two targets if the push holds, but the invalidation level at 985.33 is the hard stop that proves the range is breaking down.

Debate:
Are we testing TP2 at 976.10 or is that range about to snap and invalidate the long?

⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
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.
MUMU-0.98%


Add a comment
Add a comment

Comment
No comments