$MU Short 50x | Sellers are holding the line exactly where I wanted them.
MU has walked straight into the supply zone I was tracking—this is where the trade starts making sense. This is a live short from a pre-planned level, with invalidation clearly defined and sellers in control of the next move.
Trade Plan:
- Entry: 911.23000 – 913.03000
- TP1: 905.66000 (R:R 1:0.7)
- TP2: 901.34000 (R:R 1:1.3)
- TP3: 894.87000 (R:R 1:2.0)
- SL: 920.76000
Why this setup?
- The short thesis holds on 4h, with price pinned between 911.23000–913.03000 while the daily structure stays range-bound.
- 15m RSI at 48 gives sellers room to push further, but only if they keep defending this zone.
- Volume confirms participation at 0.06x, with 243.99000 traded against 3.79K expected—this isn't a thin move.
My call. Your execution..
Trade here 👇 and Is this genuine supply absorption, or just a weak rejection that fades into a breakout—what's your read?
MU has walked straight into the supply zone I was tracking—this is where the trade starts making sense. This is a live short from a pre-planned level, with invalidation clearly defined and sellers in control of the next move.
Trade Plan:
- Entry: 911.23000 – 913.03000
- TP1: 905.66000 (R:R 1:0.7)
- TP2: 901.34000 (R:R 1:1.3)
- TP3: 894.87000 (R:R 1:2.0)
- SL: 920.76000
Why this setup?
- The short thesis holds on 4h, with price pinned between 911.23000–913.03000 while the daily structure stays range-bound.
- 15m RSI at 48 gives sellers room to push further, but only if they keep defending this zone.
- Volume confirms participation at 0.06x, with 243.99000 traded against 3.79K expected—this isn't a thin move.
My call. Your execution..
Trade here 👇 and Is this genuine supply absorption, or just a weak rejection that fades into a breakout—what's your read?