$MAGIC - leaning SHORT (x20)

Trade plan:
Entry: 0.0642 - 0.0644
SL: 0.0653 (-1.6%)
TP: 0.0632 - 0.0624 - 0.0616 (+1.7-4.3%)

Price already made its initial move on the smaller timeframe, so the easy part may be done. The main moving averages sit stacked above as resistance. That leaves 0.064 as the level worth watching to see whether the pair holds below it.

⚠️ Personal market insight, not investment advice. DYOR.


Eyeing $NMR today.