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Everyone’s buying $MU /USDT—but the 4h chart just flashed a hidden short signal most are missing.
$MU /USDT - SHORT
Trade Plan:
Entry: 1045.29 – 1053.41
SL: 1088.30
TP1: 1020.14
TP2: 1000.66
TP3: 971.45
Why this setup?
RSI on 15m sits at 57.35, still in no-man’s land, but the 4h bias is SHORT with 55.4% confidence. Price is hugging the 1h pivot at 1049.35 inside a 1D range, meaning this is a mean-reversion trap, not a breakout. ATR of 16.2 on 1h gives room to slide to TP1 at 1020.14. Why now? The entry zone is active, and the longer we hover under resistance, the more pressure builds for a dump.
Debate:
Is this a fakeout to the downside or the start of a squeeze to TP2 at 1000.66—who’s shorting right here?