MICRON (MU): The Trend Was Bearish Before the Panic! Market fear makes headlines. Price structure often tells its story earlier.
With AI-related market fears dominating the conversation, the MU perpetual chart offers an interesting case study in trend persistence, failed recoveries and accelerating downside momentum.
The chart shown is the MU perpetual contract on Hyperliquid, viewed on the 1-hour timeframe with BTF Daily Trend applied.
1. The Bigger Picture: A Persistent Daily Downtrend
Notice the succession of pink BTF daily blocks across t
