🔴 $MAGIC /USDT – SHORT SIGNAL
Entry: 0.0855 – 0.0870
Stop Loss (SL): 0.0900
Take Profit (TP):
TP1: 0.0830
TP2: 0.0805
TP3: 0.0770
Analysis:
Strong bearish pressure with a 6.48% daily drop.
Price trading near 24h low (0.0847).
Buyers showing weakness.
Downtrend continuation possible.
Breakdown below 0.0847 may trigger another sharp drop.
Confirmation: Clean break below 0.0847 with strong selling volume confirms bearish momentum.
Risk-to-Reward: Approximately 1:1.1 to TP1, 1:1.8 to TP2, and 1:2.8 to TP3 (from midpoint entry).
⚠️ Wait for confirmation; avoid chasing the price. Risk only what you can afford to lose.
#MAGIC #MAGICUSDT #SHORTSignal #BinanceFutures #CryptoTrading
Entry: 0.0855 – 0.0870
Stop Loss (SL): 0.0900
Take Profit (TP):
TP1: 0.0830
TP2: 0.0805
TP3: 0.0770
Analysis:
Strong bearish pressure with a 6.48% daily drop.
Price trading near 24h low (0.0847).
Buyers showing weakness.
Downtrend continuation possible.
Breakdown below 0.0847 may trigger another sharp drop.
Confirmation: Clean break below 0.0847 with strong selling volume confirms bearish momentum.
Risk-to-Reward: Approximately 1:1.1 to TP1, 1:1.8 to TP2, and 1:2.8 to TP3 (from midpoint entry).
⚠️ Wait for confirmation; avoid chasing the price. Risk only what you can afford to lose.
#MAGIC #MAGICUSDT #SHORTSignal #BinanceFutures #CryptoTrading
