$MU just got hit hard down over 10% and testing a critical support zone. The drop was sharp, but price is now sitting near a level that previously attracted buyers. This is where the real test begins.
I'm not stepping in front of this move. I'm waiting to see if sellers are exhausted or if more pain is coming.
The zone I'm monitoring for a potential reaction:
875 – 895
If buyers show up, these are the first levels overhead:
· Initial resistance: 898
· Next wall: 900
· Stretch target: 904+
SL: 860
What matters now isn't the drop itself it's whether
#mu can hold above 875 and show any sign of buying pressure. A quick reclaim of 900 would be the first clue that the panic is fading.
MU is in the danger zone. But moments like this separate the patient from the impulsive.
$MVLL $AKE