Micron MU technical analysis

MU trades at $996.17, down 3.72% in 24 hours, with price holding above its SMA20 at 953.344 on the 4h and 956.854 on the 1D. RSI14 reads 72 on the 4h and 61 on the 1D, indicating strong but cooling momentum within a broader uptrend defined by the SMA50 at 932.738.

Price is currently battling within the 981.38-984.38 support zone on the 4h (1 touch) and the 989.03-992.03 support on the 1D (2 touches), with the immediate ceiling at 1,011.45-1,014.46 (2 touches on both timeframes). Below this, 967.562-970.563 (4h, 2 touches) and 967.575-970.575 (1D, 2 touches) form a secondary floor, while the rising support trendlines sit at ~934.631 (4h) and ~932.662 (1D), each confirmed by 3 touches.

Bulls need a reclaim of $1,011.45 to clear the first resistance and open a path toward 1,022.15-1,025.15, then 1,034.31-1,041.07. Bears need a sustained break below 981.38 on the 4h to test 967.57 support, with failure there exposing the 928.43-931.43 zone on the