🚨 Is $MU
/USDT about to break lower?
While most traders are ignoring $MU , the chart is showing a potential short opportunity.
📉 Trade Setup (SHORT) 🔹 Entry: 953.39 – 957.31
🛑 Stop Loss: 1001.04
🎯 TP1: 921.09
🎯 TP2: 898.24
🎯 TP3: 863.98
📊 Technical Outlook The 4H trend continues to favor the bears, with downside momentum remaining intact. Price is trading inside a range, but the overall bias still leans bearish. The 15-minute RSI is sitting around 64, leaving room for another move lower if sellers regain control.
Low volatility on the 1H chart suggests the market may be preparing for a stronger move. If price rejects the entry zone, a quick breakdown toward the listed targets becomes more likely.
💬 What do you think? Would you open a short from this zone, or wait for a stronger rejection before entering?
⚠️ This is a technical analysis for educational purposes only. Always manage your risk and do your own research.
#MU #USDT #crypto #trading #TechnicalAnalysis #BinanceSquare #DYOR*
/USDT about to break lower?
While most traders are ignoring $MU , the chart is showing a potential short opportunity.
📉 Trade Setup (SHORT) 🔹 Entry: 953.39 – 957.31
🛑 Stop Loss: 1001.04
🎯 TP1: 921.09
🎯 TP2: 898.24
🎯 TP3: 863.98
📊 Technical Outlook The 4H trend continues to favor the bears, with downside momentum remaining intact. Price is trading inside a range, but the overall bias still leans bearish. The 15-minute RSI is sitting around 64, leaving room for another move lower if sellers regain control.
Low volatility on the 1H chart suggests the market may be preparing for a stronger move. If price rejects the entry zone, a quick breakdown toward the listed targets becomes more likely.
💬 What do you think? Would you open a short from this zone, or wait for a stronger rejection before entering?
⚠️ This is a technical analysis for educational purposes only. Always manage your risk and do your own research.
#MU #USDT #crypto #trading #TechnicalAnalysis #BinanceSquare #DYOR*