🚹 $MAGIC HITTING HEAVY OVERHEAD SUPPLY AS EXHAUSTION PRINTS ON THE TAPE 📉

Entry: 0.1230 - 0.1260 ⚡
Target: 0.1200, 0.1165, 0.1100 🎯
Stop Loss: 0.1300 ⚠

📌 Sellers are aggressively defending the 0.1260 resistance cluster, absorbing late breakout attempts while buy-side liquidity thins out rapidly. 🔍 A clean rejection here confirms a textbook distribution profile, setting up a swift sweep back down toward lower range demand.

🌊 Patience remains critical for clean confirmation before pressing the short, especially as volatility spikes around key liquidity pools. 💬 Are you fading this relief bounce into resistance, or do you expect bulls to flip 0.1300? 👇

⚠ Not financial advice. Always manage your risk. đŸ›Ąïž

đŸ·ïž #MAGIC #ShortSetup #CryptoTrading #Altcoins

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