Bearish Scenario – Micron (MU)Micron Technology, Inc.BATS:MUOAS1984📉 Bearish Scenario – Micron (MU) The stock is showing clear weakness after a strong uptrend, with price rejecting a major resistance area around 470 – 475. Key bearish signals: Multiple rejections from resistance (failed breakout) Lower high formation Weak momentum after consolidation Breakdown attempt below short-term support ➡️ Overall structure suggests a potential correction phase. ❌ Current Bias: Bearish As long as price stays below 470, downside pressure remains dominant. 🎯 Downside Targets First Target: 358 (key support / previous structure) Second Target: 300 – 288 zone Final Target (Strong Demand): 260 – 280 🟢 Buy Zones (Accumulation Areas) 🟩 Zone 1 (Weak Buy / Reaction Zone) 350 – 360 Expect bounce, but not strong reversal yet 🟩 Zone 2 (Strong Buy Zone) 280 – 300 High probability demand area Matches your green box on chart 🟩 Zone 3 (Deep Value Zone) 250 – 260 Best long-term accumulation if reached ⚠️ Invalidation of Bearish Scenario Break and hold above 475 That would shift trend back to bullish 🧠 Summary Right now, the stock is in correction mode, not a buy at current levels. Best strategy: Wait for price to drop into demand zones Avoid chasing highs Scale into positions gradually