$MU Down #Alert🔴
📍 Entry: 722.69 — 725.00
🛑 SL: 732.00
🎯 TP1: 712.96
🎯 TP2: 697.16
🎯 TP3: 681.35
🎯 TP4: 653.34 (24h Low)
The technical setup in suggests a localized "cooling-off" period. This de-risking follows recent news that Micron insiders sold approximately $52.4 million in stock, which has tempered the excitement from the company's massive Q2 FY2026 revenue growth of +196% YoY. While Micron remains a dominant force in the AI infrastructure sector with its HBM production fully sold through 2026, the order book reflects a bearish tilt with 41.12% on the "Ask" side, signaling that overhead supply is beginning to outweigh immediate demand. Expect a healthy retracement to retest the $680 support zone as the initial TradFi perpetual momentum stabilizes.
#Write2Earn #Trump'sIranAttackDelayed #PolymarketNasdaqPredictionMarketPartnership #USGOPSeeksPermanentCBDCBan $EDEN
