Been watching $MU grind through a month-long downtrend and the $800 level is finally holding up as legit support. False breakdown got reclaimed fast, bearish momentum is fading, and the GEX put wall down there is basically a floor for now.
But here's the thing: still retesting the descending trendline from below. $980 is the first real target if it breaks, $1,000-$1,050 is where the MA40 and major resistance sit. No volume, no party.
Pulled the chart on MooMoo and the setup looks clean but unconfirmed. Recovery thesis needs one good volume candle to believe it. Anyone else waiting on that breakout or already in?
