MU is ready for a quick bounce here.

Support and Resistance:

The stock has recently tested and held a strong support level, suggesting buyers are stepping in at this critical zone.
Initial resistance lies ahead, which could act as a short-term target if the bounce gains momentum.
Trend and Moving Averages:

Although the broader trend has been neutral to slightly bearish, recent price action suggests the potential for a reversal.
Moving averages are starting to converge, with shorter-term averages flattening out, signaling reduced downward pressure.
Volume:

Volume spikes near support indicate accumulation, with buyers showing renewed interest at current levels.
Indicators:

RSI has bounced from oversold territory and is trending upward, confirming a potential shift in momentum.
MACD is showing signs of a bullish crossover, further indicating a possible move higher in the near term.
Reversal and Bounce Setup:

The stock’s ability to hold support and form higher intraday lows suggests it is positioned for a bounce. A break above resistance could trigger further upside and validate the recovery.