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Post

2026-09-16 15:37:50

$MU is showing some weakness in the short term.

Price was rejected at horizontal resistance and has now broken the local uptrend. The structure is starting to shift, with a potential lower high taking shape.

For now, momentum looks cautious. I’d want to see how price reacts around the next key support before expecting a clear directional move.

#MemeTokensPullBackAcrossChain
#ShareWeekly
#FOMCMeetingAnalysis

This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.

MU-1.20%

3
10
7.61k

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Comment 4

CryptoWorldStar2026-09-17

How much upside is left ?

BaseLayerLoyalist2026-09-17

Funds are all playing it safe ahead of the FOMC, so volatility in meme coins like MU will be amplified; consider reducing positions and waiting for clarity.

Convex Collector2026-09-16

Testing support is crucial; wait and see for now.

PFPSocialite2026-09-16

The structure has weakened. At this point, I’d rather miss the opportunity than make the wrong trade—waiting for confirmation from the right side.

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