Guys $MAGIC is setting up for a potential short squeeze ⚡
Entry: 0.0601 - 0.0605
🎯 TP1: 0.0617
🎯 TP2: 0.0635
Volume is exploding over 840% above normal as price pushes higher above the moving averages. Open interest is up nearly 16% over 3 hours while funding remains negative, showing shorts are getting trapped.
If buyers can clear 0.0617 resistance, momentum could accelerate fast 👀
Entry: 0.0601 - 0.0605
🎯 TP1: 0.0617
🎯 TP2: 0.0635
Volume is exploding over 840% above normal as price pushes higher above the moving averages. Open interest is up nearly 16% over 3 hours while funding remains negative, showing shorts are getting trapped.
If buyers can clear 0.0617 resistance, momentum could accelerate fast 👀