💾 Micron (MU) at $877 with RSI at 47.5 — the semiconductor sector is bleeding, but is this a buying opportunity?

MU is consolidating between its SMA5 ($874) and SMA20 ($888). The stock is down 27.7% from its 3-month high of $1,213 but up 28.8% from its 3-month low of $681. Classic mid-range chop.

📊 Technical Snapshot:
- Trend: Consolidation
- RSI: 47.5 (neutral)
- MACD: -25.95 (bearish but narrowing)
- Volume: 0.71x average (declining interest)
- SMA50: $970.95 = major overhead resistance

🎯 Key Levels:
Support: $751 (critical — break this and we test $681)
Resistance: $1,087 (first major target on recovery)

Memory chip demand is cyclical. With AI infrastructure still expanding, the question is whether this dip is a gift or a warning.

🤔 Are you buying semis on this dip or staying away? Share your view 👇

#Micron #Semiconductors #StockAnalysis

⚠️ Disclaimer: Not financial advice. Stock trading involves risk. Always do your own research.