🔴 $MAGIC /USDT – SHORT SIGNAL
Trade Plan:
Direction: SHORT 📉
Entry: $0.0908 – $0.0915
Stop Loss (SL): $0.0940
Take Profit Targets:
TP1: $0.0880
TP2: $0.0850
TP3: $0.0810
Trade here $MAGIC
Analysis:
MAGIC is up 8.35% in 24 hours.
Price is approaching resistance around $0.0914.
Strong recent rally increases the possibility of profit-taking.
Current price is near the daily high.
A rejection from resistance could trigger a short-term correction.
A breakdown below $0.0880 may accelerate bearish momentum.
Confirmation: Wait for rejection around $0.0914–$0.0920 and a confirmed candle close below $0.0890 before entering SHORT.
Risk-to-Reward:
TP1: 1:0.9
TP2: 1:1.9
TP3: 1:3.1
⚠️ Risk Warning: MAGIC has strong bullish momentum across recent periods. Avoid shorting blindly. Wait for clear bearish confirmation and use a strict stop loss.
#MAGICUSDT #Treasure #BinanceFutures #CryptoSignals #ShortSetup
Trade Plan:
Direction: SHORT 📉
Entry: $0.0908 – $0.0915
Stop Loss (SL): $0.0940
Take Profit Targets:
TP1: $0.0880
TP2: $0.0850
TP3: $0.0810
Trade here $MAGIC
Analysis:
MAGIC is up 8.35% in 24 hours.
Price is approaching resistance around $0.0914.
Strong recent rally increases the possibility of profit-taking.
Current price is near the daily high.
A rejection from resistance could trigger a short-term correction.
A breakdown below $0.0880 may accelerate bearish momentum.
Confirmation: Wait for rejection around $0.0914–$0.0920 and a confirmed candle close below $0.0890 before entering SHORT.
Risk-to-Reward:
TP1: 1:0.9
TP2: 1:1.9
TP3: 1:3.1
⚠️ Risk Warning: MAGIC has strong bullish momentum across recent periods. Avoid shorting blindly. Wait for clear bearish confirmation and use a strict stop loss.
#MAGICUSDT #Treasure #BinanceFutures #CryptoSignals #ShortSetup
