🔻 $MAGIC REJECTS RESISTANCE SHARPLY AS BEARISH STRUCTURE TAKES CONTROL! 📉
Entry: $0.0640 - $0.0650 🔻
Target: $0.0500 📉
Stop Loss: $0.0695 ⚠️
Sellers smashed $MAGIC right at the $0.074–$0.075 supply block, flipping short-term momentum completely in favor of the bears. 🚨 Price is unraveling back toward the previous breakout zone as order flow shows aggressive distribution at the highs.
A clean loss of the $0.0620 level will likely trigger an avalanche of stop-hunts down toward target levels. 📊 Keep an eye on secondary liquidity across $RLC and $RED as capital shifts out of weak setups. 💡
💬 Are you riding this momentum down to targets or waiting for support to hold? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MAGIC #ShortSetup #Bearish #Crypto
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Entry: $0.0640 - $0.0650 🔻
Target: $0.0500 📉
Stop Loss: $0.0695 ⚠️
Sellers smashed $MAGIC right at the $0.074–$0.075 supply block, flipping short-term momentum completely in favor of the bears. 🚨 Price is unraveling back toward the previous breakout zone as order flow shows aggressive distribution at the highs.
A clean loss of the $0.0620 level will likely trigger an avalanche of stop-hunts down toward target levels. 📊 Keep an eye on secondary liquidity across $RLC and $RED as capital shifts out of weak setups. 💡
💬 Are you riding this momentum down to targets or waiting for support to hold? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MAGIC #ShortSetup #Bearish #Crypto
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