🔴 $MAGIC /USDT — SHORT SIGNAL
Trade Plan:
Direction: SHORT 📉
Entry: 0.0815 – 0.0825
Stop Loss (SL): 0.0850
Take Profit Targets:
TP1: 0.0800
TP2: 0.0780
TP3: 0.0750
Trade here $MAGIC
Analysis:
Price down 3.55%, showing bearish pressure.
Strong resistance near 0.0858.
Price trading close to 24h support at 0.0808.
Weak momentum increases downside risk.
A breakdown below 0.0808 could trigger further selling.
Confirmation: Wait for a clean 15m candle close below 0.0808 with increasing selling volume before entering.
Risk-to-Reward: Approximately 1:0.4 to 1:1.9 across targets, depending on entry.
⚠️ Avoid chasing the price. Wait for confirmation and manage risk carefully.
#MAGIC #MAGICUSDT #CryptoSignals #BinanceFutures #ShortSignal
Trade Plan:
Direction: SHORT 📉
Entry: 0.0815 – 0.0825
Stop Loss (SL): 0.0850
Take Profit Targets:
TP1: 0.0800
TP2: 0.0780
TP3: 0.0750
Trade here $MAGIC
Analysis:
Price down 3.55%, showing bearish pressure.
Strong resistance near 0.0858.
Price trading close to 24h support at 0.0808.
Weak momentum increases downside risk.
A breakdown below 0.0808 could trigger further selling.
Confirmation: Wait for a clean 15m candle close below 0.0808 with increasing selling volume before entering.
Risk-to-Reward: Approximately 1:0.4 to 1:1.9 across targets, depending on entry.
⚠️ Avoid chasing the price. Wait for confirmation and manage risk carefully.
#MAGIC #MAGICUSDT #CryptoSignals #BinanceFutures #ShortSignal
