💾 Micron (MU) at $877.57 — consolidating while semis get hammered. The quiet before the storm?

Here's the setup: MU is sitting 27.7% below its 3-month high but 28.8% above its low. RSI at 47.5 = neutral. Volume is declining (71% of average). This is a coiled spring.

📊 Technical Snapshot:
• Price: $877.57 (-0.44%)
• RSI: 47.5 — neutral, no directional bias
• MACD: slightly negative, histogram contracting
• Above SMA10 ($853) but below SMA20 ($888) — trapped between MAs
• Volume declining — no conviction selling, no rush buying

🧠 Why Memory Stocks Still Matter:
• AI infrastructure buildout is far from over — HBM demand is real
• The selloff from $1,213 to $681 was brutal but the sector is stabilizing
• Earnings cycle approaching = potential catalyst

📍 Key Levels:
→ Support: $751 (must hold)
→ Resistance: $888 (SMA20) → $970 (SMA50)
→ Breakout trigger: daily close above $900 with volume

Buy the dip or wait for the breakout? 👇

#MU #Semiconductors #DYOR

⚠️ This is not financial advice. Always do your own research and manage risk carefully.