$MAGIC - Chasing 35% rips in greed territory usually ends with bagholding.
Volume confirms interest but 36M USDT on a 35% candle means late buyers are providing exit liquidity for early positions.
Live example: $MAGIC +35.5% on 36.0M USDT volume.
Tape now: $BTC 83,613 USDT (+1.0%) · $ETH 2,547 USDT (+1.9%)
#TradingTips #RiskManagement
Volume confirms interest but 36M USDT on a 35% candle means late buyers are providing exit liquidity for early positions.
Live example: $MAGIC +35.5% on 36.0M USDT volume.
Tape now: $BTC 83,613 USDT (+1.0%) · $ETH 2,547 USDT (+1.9%)
#TradingTips #RiskManagement