$MAGIC – Resistance Holding, Short Setup Active

MAGIC touched 0.0687 and got rejected. Currently trading at 0.0677, with lower highs forming on the 1H. Sellers are defending the 0.0687–0.0694 zone.

Volume is light at 4.6M MAGIC, and buyers couldn't hold the highs. The structure favors downside.

Immediate support at 0.0668. A break below opens 0.0650 and then 0.0633.

Entry: 0.0680 – 0.0684

Targets: 0.0670 / 0.0668 / 0.0650

Stop: 0.0696

Risk above the recent swing high. Let the rejection play out.

$MAGIC

MAGICUSDT

Διην.

0.06736

-1.27%