🔴 $MAGIC SPIKES INTO OVERHEAD SUPPLY AND SLAMS INTO WALL OF AGGRESSIVE SELLER REJECTION! 📉
Entry: 0.0505 - 0.0510 ⚡
Target: 0.0490 / 0.0475 / 0.0463 🎯
Stop Loss: 0.0528 ⚠️
📌 $MAGIC just ran straight into heavy overhead resistance after a sharp expansion move, leaving behind a classic exhaustion wick. Sellers stepped in aggressively at the spike, trapping late breakout buyers as order flow flips bearish. 📉
🔻 A clean breakdown below 0.0500 confirms the momentum shift and opens the runway toward lower support zones. Smart money is unloading into this pump while broader market focus shifts toward setups in $TAO and $DEXE . 📊
💬 Are you opening shorts on this rejection or waiting for 0.0500 to crack first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MAGIC #ShortSetup #Trading #Crypto #Altcoins
📉 🐻
Entry: 0.0505 - 0.0510 ⚡
Target: 0.0490 / 0.0475 / 0.0463 🎯
Stop Loss: 0.0528 ⚠️
📌 $MAGIC just ran straight into heavy overhead resistance after a sharp expansion move, leaving behind a classic exhaustion wick. Sellers stepped in aggressively at the spike, trapping late breakout buyers as order flow flips bearish. 📉
🔻 A clean breakdown below 0.0500 confirms the momentum shift and opens the runway toward lower support zones. Smart money is unloading into this pump while broader market focus shifts toward setups in $TAO and $DEXE . 📊
💬 Are you opening shorts on this rejection or waiting for 0.0500 to crack first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MAGIC #ShortSetup #Trading #Crypto #Altcoins
📉 🐻
