$MU dropped more than a third in two weeks. I'm leaning short, but not here. I'm waiting for the bounce to reach the zone above, where three separate sources of supply stack up. Price sits mid-range, poor location. The selloff ended in a fresh low on heavy volume. Since then, a shallow bounce. What lines up: - 4h, 12h and Nasdaq daily all stack bearish, with lower highs. - The 12h swing low broke, and the daily close is below the 200 EMA. - Overhead, the bottom of an unfilled 4h gap, the 4h 20 EMA and the last bounce high sit together. Three independent reasons in one spot make it a level, not a guess. From an ICT view, higher-timeframe bias is down, so a bounce is where I look to sell. The textbook sell is the premium half of the range, into that gap and the buy stops above the last high. The target is the sell-side liquidity under the low. I'm wrong if price reclaims more than half of that gap and gets past the 0.382 retracement of the wave. Reclaiming the daily 200 EMA kills the bearish read. Risks: the volume spike at the low hints at capitulation; the bounce may run longer. Thin weekend trade, Monday's open and CPI on the 10th can gap price through the zone. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.