Post
--Bullish
Kripto Kurdu
·
--
YES, $MAGIC I’M STILL EXPECTING A DROP!
Magic started its rally yesterday, and in my “gainers” analysis, I mentioned that Magic’s rally wasn’t actually based on strong fundamentals and that it fit the pattern we call “slow short.”
Honestly, I didn’t expect it to rise this much because, as I said, it’s entirely manipulative. Since it’s a short term pump and dump, I had anticipated a similar move earlier. As a result, it’s risen a bit too much.
I still think it will continue to fall. It’s hard to pinpoint the top keep doing slow shorts.
It’s currently at the $0.14 level let’s see where it stands tomorrow. DYOR
Magic started its rally yesterday, and in my “gainers” analysis, I mentioned that Magic’s rally wasn’t actually based on strong fundamentals and that it fit the pattern we call “slow short.”
Honestly, I didn’t expect it to rise this much because, as I said, it’s entirely manipulative. Since it’s a short term pump and dump, I had anticipated a similar move earlier. As a result, it’s risen a bit too much.
I still think it will continue to fall. It’s hard to pinpoint the top keep doing slow shorts.
It’s currently at the $0.14 level let’s see where it stands tomorrow. DYOR
MAGICUSDT
Perp
3X
Liquidated Short
Realized PNL (USDT)
-2.14
-100.29%
Entry Price
0.11748
Avg. Close Price
0.15645
From @Candle Crash's position data
Close Time: 2026-10-10 02:24
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