$MU CONFIRMS TRENDLINE BREAK – SHORT BIAS INTACT 📉
Entry: 1005 - 1025 🔥
Target: 950 - 900 - 860 🚀
Stop Loss: 1065 ⚠️
MU has cleanly broken below its rising trendline and lost the 1030 support zone that held for weeks. Lower highs are forming on the daily, and selling volume expanded during the breakdown. The last time price lost a similar support structure, it dropped 8% in four sessions.
The next major demand sits near 860 — that's roughly a 12% move from current resistance. With momentum clearly on the sellers' side, are you waiting for a retest of 1025 or jumping in now?
Not financial advice. Always manage your risk.
#MU #ShortSetup #BearishBreakout #Crypto #TechnicalAnalysis
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Entry: 1005 - 1025 🔥
Target: 950 - 900 - 860 🚀
Stop Loss: 1065 ⚠️
MU has cleanly broken below its rising trendline and lost the 1030 support zone that held for weeks. Lower highs are forming on the daily, and selling volume expanded during the breakdown. The last time price lost a similar support structure, it dropped 8% in four sessions.
The next major demand sits near 860 — that's roughly a 12% move from current resistance. With momentum clearly on the sellers' side, are you waiting for a retest of 1025 or jumping in now?
Not financial advice. Always manage your risk.
#MU #ShortSetup #BearishBreakout #Crypto #TechnicalAnalysis
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