$MU /USDT Long trap? 4-hour timeframe hints at an imminent reversal



$MU /USDT - Short SHORT

Trading plan:
Entry: 838.9 – 847.3
SL: 883.7
TP1: 812.7
TP2: 792.4
TP3: 761.9

Why focus on this structure?
Current price 843.1, 15-minute RSI is only 40.97, close to the oversold zone. The 1-day trend is in a range-bound consolidation area, but the 1-hour ATR is as high as 16.9, with volatility increasing. Bias is bearish; targets are TP1 812.7 and TP2 792.4. Why now? RSI has not bounced from a low level, while bearish momentum is building.

Discussion:
Will this move hit TP2 first, or will it lure longs back to 847?
MU-4.02%
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