🧠 Micron (MU) at $868 — memory stocks are bottoming, but is it time to buy?

The semiconductor memory sector has been brutal this quarter. MU is down 28% from its 3-month high. But here's why smart money is watching this level closely.

📊 Technical Snapshot:
• Price: $868.52 | +0.87%
• RSI: 47 (neutral — room to move either way)
• Trend: Downtrend, but volume declining (sellers exhausting)
• SMA20: $878.73 (price below = still bearish)
• Support: $762 | Resistance: $1,088

💡 Why Watch MU Now?
1. Memory pricing cycle is bottoming — HBM demand is real
2. RSI at 47 = not oversold yet, but approaching accumulation zone
3. Volume declining in a downtrend = selling pressure fading
4. SK Hynix (peer) rallied 7.3% today — sector rotation starting?

🔑 Key Levels:
• If $854 (SMA10) holds as support → bullish reversal signal
• Break above $879 (SMA20) → trend change confirmation
• Lose $762 → deeper correction to $680

⚠️ This is a patient trade. Wait for confirmation before entering.

Are semiconductor stocks a buy here or still falling knives? Your take 👇

#MU #Semiconductors #StockAnalysis

⚠️ Disclaimer: This is not financial advice. Always do your own research before investing.