$MAGIC is experiencing elevated volatility, with liquidation activity showing that leveraged traders are facing pressure on both sides of the market.
🟢 Liquidation Alert: $6.63K in short positions liquidated around $0.16149.
📊 Support: $0.103 | $0.091
🎯 Resistance: $0.151 | $0.162
🚀 Next Target: $0.162 if buyers reclaim the resistance zone and maintain momentum.
⚠️ The liquidation price is not necessarily the current market price. Confirm these levels against your live chart before trading, as available market feeds show substantial price discrepancies.
A breakout needs volume confirmation; otherwise, a sharp retracement remains possible.
Stay disciplined and follow the structure. Let's go $MAGIC 🚀
🟢 Liquidation Alert: $6.63K in short positions liquidated around $0.16149.
📊 Support: $0.103 | $0.091
🎯 Resistance: $0.151 | $0.162
🚀 Next Target: $0.162 if buyers reclaim the resistance zone and maintain momentum.
⚠️ The liquidation price is not necessarily the current market price. Confirm these levels against your live chart before trading, as available market feeds show substantial price discrepancies.
A breakout needs volume confirmation; otherwise, a sharp retracement remains possible.
Stay disciplined and follow the structure. Let's go $MAGIC 🚀