$MU /USDT Long-Short Pivotal Level: Is This 4-Hour Rebound a Trap?
$MU /USDT - LONG
Trading Plan:
Entry: 902.92 – 907.46
SL: 876.86
TP1: 926.43
TP2: 940.60
TP3: 961.84
Why pay attention to this setup?
- Currently around 905, the 1D chart is ranging, but the 4h direction is clearly bullish, Conf 77.
- The 15m RSI is 38.9, indicating short-term oversold conditions, with room for a rebound.
- The upside TP1 is 926 / TP2 is 940, with a stop-loss at 876 and a risk-reward ratio close to 2:1, making it worth a try.
- Why now? The 1h ATR 9 shows increased volatility; wait for a breakout above 90