🚀 $MAGIC /USDT: Parabolic +90% surge! What's next?
The $MAGIC coin has shown strong momentum, climbing from $0.06060 to $0.11960:
Volume & Open Interest: A rapid rise in OI to 125.96M and active spot buying (CVD) confirm strong buying pressure.
Funding: Negative (-0.0097%), indicating the presence of short positions under pressure.
Whales: Over 100 whales are holding long positions with an average entry of $0.0695, while short sellers are "squeezed" at higher levels.
🚦 Trading Plan:
🟢 LONG (Buy): Enter on a pullback to the $0.0950 – $0.0980 zone | SL: $0.0820 | TP: $0.1150 / $0.1215
🔴 SHORT (Sell): Speculative play at the $0.1190 – $0.1215 resistance level upon momentum exhaustion | SL: $0.1250 | TP: $0.1040 / $0.0950
⚠️ Trade with strict risk management — the market is experiencing peak volatility!
The $MAGIC coin has shown strong momentum, climbing from $0.06060 to $0.11960:
Volume & Open Interest: A rapid rise in OI to 125.96M and active spot buying (CVD) confirm strong buying pressure.
Funding: Negative (-0.0097%), indicating the presence of short positions under pressure.
Whales: Over 100 whales are holding long positions with an average entry of $0.0695, while short sellers are "squeezed" at higher levels.
🚦 Trading Plan:
🟢 LONG (Buy): Enter on a pullback to the $0.0950 – $0.0980 zone | SL: $0.0820 | TP: $0.1150 / $0.1215
🔴 SHORT (Sell): Speculative play at the $0.1190 – $0.1215 resistance level upon momentum exhaustion | SL: $0.1250 | TP: $0.1040 / $0.0950
⚠️ Trade with strict risk management — the market is experiencing peak volatility!