$MAGIC | BEARISH REVERSAL WATCH
MAGIC is under heavy selling pressure, down nearly 19% and hovering near support at 0.0974. A breakdown could extend the downside, while a strong bounce may offer a recovery opportunity.
Trade Setup: 0.0985–0.0995
TP1: 0.0974
TP2: 0.0960
TP3: 0.0940
SL: 0.1010
Watch the support reaction closely. Avoid rushing into a long until buyers show strength, and manage risk carefully.
Let's go $MAGIC
MAGIC is under heavy selling pressure, down nearly 19% and hovering near support at 0.0974. A breakdown could extend the downside, while a strong bounce may offer a recovery opportunity.
Trade Setup: 0.0985–0.0995
TP1: 0.0974
TP2: 0.0960
TP3: 0.0940
SL: 0.1010
Watch the support reaction closely. Avoid rushing into a long until buyers show strength, and manage risk carefully.
Let's go $MAGIC