MU 4H: Micron Reversal Setup After Sharp Pullback

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MU 4H: Micron Reversal Setup After Sharp PullbackMicron Technology, Inc.BATS:MUMuhammadTradesMU 📌 Structure: Micron pulled back sharply on the 4H chart after an extended rally, a healthy retracement within a broader uptrend rather than a technical breakdown. 📌 Support Zone: Price is holding above the recent basing structure, keeping the bullish reversal setup intact as long as this support level holds. 📌 Sentiment: Micron stays central to the AI and data center memory demand story, keeping broader sentiment constructive on dips like this one. 📌 Catalyst: Watch for continued memory chip pricing strength and AI infrastructure spending headlines, a breakout above resistance would confirm the next leg higher. 📍 Entry: 938.48 🎯 Target: 1059.00 : aligns with the next resistance zone in this technical analysis and price prediction, a clean breakout here would open room toward new highs Not financial advice, just reading the chart as it develops.