MU is testing the lower bounds of its recent range, with a potential reversal brewing. A break above current resistance could unleash a sharp move upwards.

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🟢 MU LONG 📈

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📍 Entry Range: $869.8393 – $871.5807

🛑 Stop Loss: $844.5887 (-3.0%)

🎯 TP1: $883.7706 (+1.5%)

🏆 TP2: $914.2455 (+5.0%)

⚡ R/R Ratio: 1:1.7

📊 Confidence: 91%

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This MU setup is looking juicy, with CHoCH and CVD firing in tandem to suggest a market structure break, while FVG and OB are providing a clear path forward, especially with POI confluence right where we need it. The overlap of OB and FVG is particularly compelling, indicating a high-probability zone for a bounce. Volume is confirming direction, which adds to the overall conviction in this trade.

With a 3.0% stop loss, which feels about right given the volatility, we're looking at a leverage setup that can accommodate a 1:1.7 risk/reward ratio without over-exposing the account.

Once we hit the first target, it might be prudent to take some profits off the table to lock in gains and reduce exposure, allowing the remaining position to ride out the potential continuation.

Not financial advice — always manage your own risk 🙏

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