$MU clearly states position: empty. Both the four-hour and daily directions are compressing into emptiness; momentum keeps leaking downward. Price is stuck below the mid-term moving averages, and any rebound can’t even reach the edge of the prior high. The one-day selloff is already there; open interest is shrinking in sync, and even large long positions are pulling back. The trend isn’t finished yet—whoever steps in will get burned.