Magic started its rally yesterday, and in my “gainers” analysis, I mentioned that Magic’s rally wasn’t actually based on strong fundamentals and that it fit the pattern we call “slow short.”
Honestly, I didn’t expect it to rise this much because, as I said, it’s entirely manipulative. Since it’s a short term pump and dump, I had anticipated a similar move earlier. As a result, it’s risen a bit too much.
I still think it will continue to fall. It’s hard to pinpoint the top keep doing slow shorts.
It’s currently at the $0.14 level let’s see where it stands tomorrow. DYOR
MAGICUSDT
Perp
3X
Short liquidé
G et P réalisés (USDT)
-2,14
-100.29%
Prix d’entrée
0,11748
Prix de fermeture moyen
0,15645
Source : données de position de @Candle Crash
Date/Heure de fermeture : 2026-10-10 02:24
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