$MU: Rangind Between 770-830. Which Break Decides the Next Move.MUUSDTPERP PERPETUAL MIX CONTRACTBITGET:MUUSDT.PMurtalafaiza4Micron dropped about 42%, from 1,113.97 to 648.27. Then it bounced 28% in about a week. Now it’s stuck in a tiny channel, and I don’t trust the bounce. 📅 Why now MU trades at 793 on the 4H chart, pressing against the underside of the falling channel it has respected since early October. AI chip stocks are diverging this week as investors reassess demand, so this is the level where the next move gets decided. 📊 My read The bounce traced a small rising channel inside the larger falling one. A rising channel inside a downtrend usually signals a pause, not a reversal. I lean bearish while price stays under 830. Trigger: a 4H close below 770, about 2.9% under price Target: 648.27, the prior low, about 15.8% below 770 Stop: above 830, about 7.8% of risk Reward to risk: roughly 2R ⚠️ Risk view A 4H close above 830 breaks the small channel upward and reclaims the downtrend line. Then I flip bullish and look toward about 990, the Oct 29 high, roughly 19% above 830. Fakeouts are common at channel edges, so I wait for closes, not wicks. ✅ So what Between 770 and 830, I do nothing. Below 770, I short toward 648. Above 830, I’m out of the short and watch for longs. Missed the SpaceX IPO? Anthropic IPO Prime starts from 100 USDT on Bitget. Not financial advice. Manage risk.