🔥 MAGIC SURGED AND THEN PULLED BACK: MY SHORT SHOWS +119.35%
#MAGIC $MAGIC In trading, explosive rallies attract attention, but corrections can also offer opportunities.
Today I’m sharing a real Binance Futures trade.
📊 MY TRADE:
🔴 SHORT | 7x leverage
🎯 Entry: 0.097590 USDT
📉 Observed price: 0.083370 USDT
💰 Displayed return: +119.35%
🔍 WHAT DOES THE CHART SHOW?
MAGIC reached a visible high of 0.16369 USDT before experiencing a sharp correction.
On the daily chart:
📉 Price below the middle Bollinger Band.
📊 MACD showing weakening momentum.
⚠️ RSI near 30, where technical rebounds may occur.
🧠 MY THOUGHTS AS A TRADER
Not every upward move is sustainable. Identifying changes in market structure can present opportunities in both LONG and SHORT positions.
However, leverage also multiplies risk.
The +119.35% refers to the observed return on my position, not the percentage drop in the asset or a confirmed realized profit.
📅 Data from screenshots dated 25/10/2026, not current quotes.
💬 Do you think
$MAGIC will keep falling, or is a rebound approaching?
Let me know. 👇
Educational content, not financial advice.
#Nomadacripto #trading #TradingCommunity $MAGIC