🚨 $MAGIC JUST LOST ITS MOMENTUM… SELLERS ARE TAKING CONTROL! 🩸📉
That sharp rejection near $0.1600 has turned into a heavy sell-off. $MAGIC has now dropped toward $0.1295, breaking below the consolidation area where buyers were previously holding their ground.
What matters now? Can sellers keep the pressure on, or will buyers step in for a bounce? 👀
The chart favors watching the downside while price remains weak. A move toward $0.1250 could bring the next test, with $0.1150 as a deeper target if selling continues.
🔻 $MAGIC /USDT — SHORT SETUP
📍 Entry Price: $0.1387
🎯 Take Profit $0.1340
$0.1250
$0.1150
🛑 Stop Loss Price: $0.1475
⚡ Leverage: Cross 50X
💰 Account Usage: 2%
🔐 After TP1: Move SL to breakeven.
‼️ One thing to watch: price is already below the planned entry, so don't confuse a late chase with the original setup. The reaction around $0.1340 could tell us whether sellers still have enough strength for another leg down.
⁉️ Does $MAGIC fall toward $0.1150 next, or are buyers preparing a recovery bounce?
#ChainBaller #MAGICMarketWatch #cryptotrading
That sharp rejection near $0.1600 has turned into a heavy sell-off. $MAGIC has now dropped toward $0.1295, breaking below the consolidation area where buyers were previously holding their ground.
What matters now? Can sellers keep the pressure on, or will buyers step in for a bounce? 👀
The chart favors watching the downside while price remains weak. A move toward $0.1250 could bring the next test, with $0.1150 as a deeper target if selling continues.
🔻 $MAGIC /USDT — SHORT SETUP
📍 Entry Price: $0.1387
🎯 Take Profit $0.1340
$0.1250
$0.1150
🛑 Stop Loss Price: $0.1475
⚡ Leverage: Cross 50X
💰 Account Usage: 2%
🔐 After TP1: Move SL to breakeven.
‼️ One thing to watch: price is already below the planned entry, so don't confuse a late chase with the original setup. The reaction around $0.1340 could tell us whether sellers still have enough strength for another leg down.
⁉️ Does $MAGIC fall toward $0.1150 next, or are buyers preparing a recovery bounce?
#ChainBaller #MAGICMarketWatch #cryptotrading