🔴 $MAGIC — SHORT [Liquidity Sweep / Breakdown]

Trade Here $MAGIC



Reason:
A confirmed breakdown below local support could trap late longs and trigger an intraday retracement.

Liquidity / FVG:
Resistance: 0.1559–0.1587
Major overhead liquidity: 0.1637
Near-term support: 0.1505–0.1510

Entry Zone: 0.1495 – 0.1510

Targets:
TP1 0.1415 → Secure 40%
TP2 0.1330 → Secure 40%
TP3 0.1245 → Leave 20% runner

Stop Loss: 0.1640

R:R: Approx. 1:1.1–1:1.3 to TP1; 1:2–1:3 to TP2–TP3, depending on entry.
Leverage: Up to 5x
Risk: ≤1% of account equity

Invalidation:
Price reclaims 0.1587 and holds above it, especially with rising volume or a strong BTC breakout.

#MAGIC #CAP #NMR