๐ $MUon facing strong volatility after failing to hold above the $1K zone.
MUon
Alpha
989.8
-1.75%
After touching highs near $1,089, the token saw a sharp rejection and is now trading around $868. Bears are applying heavy pressure on the 4H chart. ๐
๐ What the chart shows: โข Price rejected hard from psychological resistance at $1,000+
โข RSI dropping near oversold territory
โข High volatility with aggressive sell candles
โข Support zone forming around $840โ$860
Momentum has weakened short term, but traders are watching closely for a possible rebound if buyers defend current support. ๐