$MU MUUSDT
After MU surged, it entered a high-level consolidation phase. Bullish momentum has somewhat slowed, and the market surface has started to show signs of position/holdings being cashed out.
Current price: 780.08
Short-term resistance: 806, the area where short-term moving averages exert pressure—an upside rejection zone;
Long-term support: 718, the bottom of the earlier breakout range box, which is the key defense level for this round of correction.
Overhead selling pressure is gradually becoming apparent; as the strength of the price rise weakens, the market needs a short-term pullback to confirm the strength of support from below. Then we can assess the extent of potential further recovery.#Korea restricts leveraged ETF trading
After MU surged, it entered a high-level consolidation phase. Bullish momentum has somewhat slowed, and the market surface has started to show signs of position/holdings being cashed out.
Current price: 780.08
Short-term resistance: 806, the area where short-term moving averages exert pressure—an upside rejection zone;
Long-term support: 718, the bottom of the earlier breakout range box, which is the key defense level for this round of correction.
Overhead selling pressure is gradually becoming apparent; as the strength of the price rise weakens, the market needs a short-term pullback to confirm the strength of support from below. Then we can assess the extent of potential further recovery.#Korea restricts leveraged ETF trading