๐จ $MAGIC RETESTS 1H PREMIUM SUPPLY AS BEARISH MARKET STRUCTURE PERSISTS ๐
Entry: 0.10936 - 0.10976 ๐ฅ
Target: 0.10812 / 0.10581 / 0.10034 ๐ฏ
Stop Loss: 0.11073 ๐
๐ The 1H structure on $MAGIC remains decisively bearish, delivering a corrective pullback straight into overhead premium supply. Sellers continue to defend structural highs, keeping untapped sell-side liquidity pools exposed down toward the 0.10034 imbalance.
๐ With modeled expected value sitting tight, disciplined patience is mandatory on this watchlisted order block. Front-running the entry carries elevated friction, so monitor for an intraday liquidity sweep and confirmed displacement before executing. ๐ค Are you waiting for lower-timeframe confirmation, or fading this supply zone directly? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #MAGIC #ShortSetup #PriceAction #SmartMoney
๐ฏ ๐ฆ
Entry: 0.10936 - 0.10976 ๐ฅ
Target: 0.10812 / 0.10581 / 0.10034 ๐ฏ
Stop Loss: 0.11073 ๐
๐ The 1H structure on $MAGIC remains decisively bearish, delivering a corrective pullback straight into overhead premium supply. Sellers continue to defend structural highs, keeping untapped sell-side liquidity pools exposed down toward the 0.10034 imbalance.
๐ With modeled expected value sitting tight, disciplined patience is mandatory on this watchlisted order block. Front-running the entry carries elevated friction, so monitor for an intraday liquidity sweep and confirmed displacement before executing. ๐ค Are you waiting for lower-timeframe confirmation, or fading this supply zone directly? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #MAGIC #ShortSetup #PriceAction #SmartMoney
๐ฏ ๐ฆ