đš $MAGIC JUST LOST ITS MOMENTUM⊠SELLERS ARE TAKING CONTROL! đ©žđ
That sharp rejection near $0.1600 has turned into a heavy sell-off. $MAGIC has now dropped toward $0.1295, breaking below the consolidation area where buyers were previously holding their ground.
What matters now? Can sellers keep the pressure on, or will buyers step in for a bounce? đ
The chart favors watching the downside while price remains weak. A move toward $0.1250 could bring the next test, with $0.1150 as a deeper target if selling continues.
đ» $MAGIC /USDT â SHORT SETUP
đ Entry Price: $0.1387
đŻ Take Profit $0.1340
$0.1250
$0.1150
đ Stop Loss Price: $0.1475
⥠Leverage: Cross 50X
đ° Account Usage: 2%
đ After TP1: Move SL to breakeven.
âŒïž One thing to watch: price is already below the planned entry, so don't confuse a late chase with the original setup. The reaction around $0.1340 could tell us whether sellers still have enough strength for another leg down.
âïž Does $MAGIC fall toward $0.1150 next, or are buyers preparing a recovery bounce?
#ChainBaller #MAGICMarketWatch #cryptotrading
That sharp rejection near $0.1600 has turned into a heavy sell-off. $MAGIC has now dropped toward $0.1295, breaking below the consolidation area where buyers were previously holding their ground.
What matters now? Can sellers keep the pressure on, or will buyers step in for a bounce? đ
The chart favors watching the downside while price remains weak. A move toward $0.1250 could bring the next test, with $0.1150 as a deeper target if selling continues.
đ» $MAGIC /USDT â SHORT SETUP
đ Entry Price: $0.1387
đŻ Take Profit $0.1340
$0.1250
$0.1150
đ Stop Loss Price: $0.1475
⥠Leverage: Cross 50X
đ° Account Usage: 2%
đ After TP1: Move SL to breakeven.
âŒïž One thing to watch: price is already below the planned entry, so don't confuse a late chase with the original setup. The reaction around $0.1340 could tell us whether sellers still have enough strength for another leg down.
âïž Does $MAGIC fall toward $0.1150 next, or are buyers preparing a recovery bounce?
#ChainBaller #MAGICMarketWatch #cryptotrading