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Everyone’s still long $MU /USDT—I’m watching the trap form at 1144.64.
$MU /USDT - SHORT
Trade Plan:
Entry: 1143.17 – 1146.11
SL: 1158.79
TP1: 1134.03
TP2: 1126.95
TP3: 1116.34
Why this setup?
• 4h bias is SHORT with 55% confidence, but 1D trend is range—no clear breakout.
• RSI on 15m sits neutral at 51.07, meaning no momentum to push higher.
• Entry at 1144.64 with a tight SL at 1158.79 gives a 2.5:1 risk-to-reward to TP1.
• Why now? The range is compressing, and SHORT setup offers the cleanest path before volatility spikes.
Debate:
Are you fading the range at this exact level, or waiting for a retest of 1155?