đšâ ïž $MAGIC â IS A BRUTAL REJECTION COMING? đđ
$MAGIC has exploded nearly 130% in 24 hours đđ„
But after a pump this aggressive, Iâm watching higher-timeframe resistance instead of chasing green candles.
đŻ $0.20 â First resistance zone
đŻ $0.22 â Higher resistance zone
đ My SHORT plan:
đč 25% initial entry if rejection is confirmed
đč 75% reserved for a stronger setup
đč Waiting for price action confirmation before adding
â ïž Iâm not calling the exact top. If buyers break resistance with strong momentum, the bearish setup could fail.
My bias: BEARISH đ€đ
What do you think? đ
đ Another leg up or đ„ a brutal rejection?
#MAGIC #CryptoTrading #BinanceSquare
Not financial advice. DYOR. Shorting after a massive pump carries significant liquidation risk.$MAGIC
$MAGIC has exploded nearly 130% in 24 hours đđ„
But after a pump this aggressive, Iâm watching higher-timeframe resistance instead of chasing green candles.
đŻ $0.20 â First resistance zone
đŻ $0.22 â Higher resistance zone
đ My SHORT plan:
đč 25% initial entry if rejection is confirmed
đč 75% reserved for a stronger setup
đč Waiting for price action confirmation before adding
â ïž Iâm not calling the exact top. If buyers break resistance with strong momentum, the bearish setup could fail.
My bias: BEARISH đ€đ
What do you think? đ
đ Another leg up or đ„ a brutal rejection?
#MAGIC #CryptoTrading #BinanceSquare
Not financial advice. DYOR. Shorting after a massive pump carries significant liquidation risk.$MAGIC