📉 $MAGIC / USDT (SHORT / REVERSAL SETUP) 📉
$MAGIC experienced a sharp rejection after spiking to a 24h high of 0.16369, followed by a massive red impulse drop down to the 0.10724 area. The chart indicates high volatility and a potential continuation downward if support fails to hold.
Trade Setup: • Entry Zone: 0.1050 - 0.1080 • Target 1: 0.0950 • Target 2: 0.0820 • Target 3: 0.0750 • Stop Loss: 0.1180 (Safe & Wider SL)
⚡ Tip: Once Target 1 is hit, move your Stop Loss to the entry price to secure a risk-free trade! 📉🔥
$MAGIC experienced a sharp rejection after spiking to a 24h high of 0.16369, followed by a massive red impulse drop down to the 0.10724 area. The chart indicates high volatility and a potential continuation downward if support fails to hold.
Trade Setup: • Entry Zone: 0.1050 - 0.1080 • Target 1: 0.0950 • Target 2: 0.0820 • Target 3: 0.0750 • Stop Loss: 0.1180 (Safe & Wider SL)
⚡ Tip: Once Target 1 is hit, move your Stop Loss to the entry price to secure a risk-free trade! 📉🔥