Everyone’s chasing the bounce, but my 4h chart just screamed something else for $MU /USDT.
$MU - SHORT
Trade Plan:
Entry: 793.94017 – 797.53983
SL: 829.67773
TP1: 770.28670
TP2: 753.31784
TP3: 727.86454
Why this setup?
- RSI on 15m is crushed at 25.46 – that’s not a dip, that’s a capitulation print.
- Price is hugging 795.74 with TP1 at 770.28 and TP2 at 753.31 – that’s a 5% drop from here, not a pump.
- 1D trend is range, but the 4h bias is SHORT with 85% confidence. Ranges break, and the path of least resistance is down.
- ATR (9.42) says volatility is alive – this isn’t a dead zone; it’s a setup.
Debate:
Are you shorting this breakdown to TP2, or buying the sub-26 RSI for a dead cat bounce?
Click here to Trade 👇️
$MU - SHORT
Trade Plan:
Entry: 793.94017 – 797.53983
SL: 829.67773
TP1: 770.28670
TP2: 753.31784
TP3: 727.86454
Why this setup?
- RSI on 15m is crushed at 25.46 – that’s not a dip, that’s a capitulation print.
- Price is hugging 795.74 with TP1 at 770.28 and TP2 at 753.31 – that’s a 5% drop from here, not a pump.
- 1D trend is range, but the 4h bias is SHORT with 85% confidence. Ranges break, and the path of least resistance is down.
- ATR (9.42) says volatility is alive – this isn’t a dead zone; it’s a setup.
Debate:
Are you shorting this breakdown to TP2, or buying the sub-26 RSI for a dead cat bounce?
Click here to Trade 👇️