$MU Bullish Breakout Momentum Accelerating
MU is ripping with +6.19% gains, breaking past 713.78 after a strong rally from the 677.19 low. The asset is showing incredible strength, and buyers are in full control.
🔺 Market Bias: LONG
🔹 Entry Zone: 713.00 – 715.00
🔹 Stop Loss: 708.00
🎯 Profit Targets:
• TP1: 720.00
• TP2: 725.17 (Recent high)
• TP3: 730.00
Leverage: 5x – 10x
Technical Outlook:
· RSI(6) at 82.35 – Strongly overbought, but in a powerful breakout, this signals continuation rather than reversal.
· MACD: Bullish crossover confirmed with green histogram expanding.
· Structure: Higher highs and higher lows established since the 677.19 bottom.
· Volume: Strong buying volume supporting the rally.
Momentum is accelerating. If price breaks above 725.17, the next leg up targets 730.00+ rapidly. Don't short this pump. 🐂