I'm watching a potential SHORT opportunity on $MAGIC
🔴 Entry Range: $0.1050 – $0.1100
🎯 TP1: $0.1000
🎯 TP2: $0.0950
🎯 TP3: $0.0900
🎯 TP4: $0.0820
🎯 TP5: $0.07475
🛑 Stop Loss: $0.12327
📊 Reason: MAGICUSDT has experienced a strong rally, reaching a 24-hour high of $0.16369, followed by a sharp bearish rejection on the 15-minute chart. This suggests potential profit-taking and a short-term pullback. If the price remains below the $0.1100–$0.1230 resistance zone, further downside may follow.
⚠️ Risk Management: After such a strong pump and sudden sell-off, volatility can be extreme. Wait for bearish confirmation before entering, as a rebound could invalidate the short setup. Always use a stop loss and manage your risk carefully.
🔥 Trade smart. Protect your capital!
🔴 Entry Range: $0.1050 – $0.1100
🎯 TP1: $0.1000
🎯 TP2: $0.0950
🎯 TP3: $0.0900
🎯 TP4: $0.0820
🎯 TP5: $0.07475
🛑 Stop Loss: $0.12327
📊 Reason: MAGICUSDT has experienced a strong rally, reaching a 24-hour high of $0.16369, followed by a sharp bearish rejection on the 15-minute chart. This suggests potential profit-taking and a short-term pullback. If the price remains below the $0.1100–$0.1230 resistance zone, further downside may follow.
⚠️ Risk Management: After such a strong pump and sudden sell-off, volatility can be extreme. Wait for bearish confirmation before entering, as a rebound could invalidate the short setup. Always use a stop loss and manage your risk carefully.
🔥 Trade smart. Protect your capital!