Guys $MAGIC just wiped out a huge part of its rally in a single candle. It has dropped to $0.10624, with a massive spike in selling volume. The 1H chart is showing clear short-term weakness.
đŽ SHORT now guys and thank me soon
SL: 0.1155
TP: 0.1000 / 0.0920
Support: 0.1000, 0.0920
Resistance: 0.1090â0.1150
WHY SHORT?
Price has fallen below both MA(7) and MA(25), while the huge red candle suggests aggressive selling pressure. A weak bounce into the 0.1090â0.1150 zone followed by rejection could offer another short opportunity.
OPEN TRADE đđ»
$STRK #trading $XRP
đŽ SHORT now guys and thank me soon
SL: 0.1155
TP: 0.1000 / 0.0920
Support: 0.1000, 0.0920
Resistance: 0.1090â0.1150
WHY SHORT?
Price has fallen below both MA(7) and MA(25), while the huge red candle suggests aggressive selling pressure. A weak bounce into the 0.1090â0.1150 zone followed by rejection could offer another short opportunity.
OPEN TRADE đđ»
$STRK #trading $XRP