🚀 $MU | LONG SETUP
🎯 Trading plan:
Entry: 904.18 – 909.49
TP1: 925.95 (+2.45%)
TP2: 938.70 (+3.76%)
TP3: 957.82 (+5.36%)
Stop Loss: 881.34 (-2.21%)
📊 Technical analysis:
Observing the 4-hour candlestick chart shows a bullish signal has been activated, and the RSI indicator on the 15-minute timeframe remains in a reasonable zone, not indicating overbought conditions yet. The current price is holding well around the entry zone, with the ATR showing potential for price to hit TP1 before facing significant resistance.
The main trend on the daily timeframe is still moving within a certain range. This suggests that this setup is more suitable for short-term traders (scalpers) rather than a long-term hold, with the expectation of capitalizing on volatility within the current range.
Trade $MU now by clicking on the chart below 👇
🎯 Trading plan:
Entry: 904.18 – 909.49
TP1: 925.95 (+2.45%)
TP2: 938.70 (+3.76%)
TP3: 957.82 (+5.36%)
Stop Loss: 881.34 (-2.21%)
📊 Technical analysis:
Observing the 4-hour candlestick chart shows a bullish signal has been activated, and the RSI indicator on the 15-minute timeframe remains in a reasonable zone, not indicating overbought conditions yet. The current price is holding well around the entry zone, with the ATR showing potential for price to hit TP1 before facing significant resistance.
The main trend on the daily timeframe is still moving within a certain range. This suggests that this setup is more suitable for short-term traders (scalpers) rather than a long-term hold, with the expectation of capitalizing on volatility within the current range.
Trade $MU now by clicking on the chart below 👇