MU Week of July 13th (15 min Candles)Micron Technology, Inc.BATS:MUheavydiligenceMU is sitting inside a well-defined descending channel, with price currently around 979.30 and reacting around the 982.75 pivot. The big levels on my map are 1,031.23 and 1,064.47 overhead, while 953.06, 894.47, 855.78, and 817.53 are the key supports below if sellers gain control. Next week could be driven by the breakout from the 4-hour channel I shared on X, and that move should create the best options opportunity either way. I've mapped out three scenarios for the coming sessions: 🟢 Bullish Scenario If MU reclaims 982.75 and starts building above 1,031.23, that opens the door for a move toward 1,064.47 and then the 1,125.51 to 1,144.06 zone. A clean break above that band would put the ATH area near 1,253.46 back on the radar. 🔴 Bearish Scenario If 982.75 fails and price loses 953.06, the next downside magnets are 894.47 and 855.78. A deeper break through 817.53 would confirm the channel is still dominating and could trigger a sharper flush toward the lower trendline. 🟡 Sideways Scenario (My Lean) This is the scenario that typically frustrates everyone. MU chops between roughly 953.06 and 1,031.23, with intraday fakeouts creating decent premium decay setups for options traders while IV stays active but direction stays unclear. My Outlook If I had to rank the probabilities today: 🟡 Sideways (my current lean) 🟢 Bullish breakout 🔴 Bearish That ranking can change quickly if MU reclaims 1,031.23 with strength or loses 953.06 and starts accepting below it. Until then, I think the range is the trade and the breakout from that range is what matters most. As always, the Heavy Diligence Options Signals Indicator will be my primary tool for entries and exits. While these scenarios provide the broader roadmap, the indicator is designed primarily for day trading on shorter timeframes, helping identify higher-probability Call and Put opportunities. Combining those signals with key technical levels helps improve risk management instead of simply guessing the next move. Disclaimer: This is only my interpretation of the current chart and is not financial advice. Always do your own research, wait for confirmation, and manage your risk before entering any trade.