$MAGIC SHORT SETUP — THE MOMENTUM HAS SHIFTED
MAGIC is showing a sharp rejection after an aggressive rally toward $0.16. Price has dropped heavily and is now trading around $0.1044, signaling strong selling pressure after the massive pump.
Potential Short Trade Setup
Entry Zone: $0.1040–$0.1080
TP1: $0.1000
TP2: $0.0950
TP3: $0.0900
TP4: $0.0850
Stop Loss: $0.1130
The key is to watch for a confirmed rejection and weakness around the entry zone before entering. After such a sharp move, volatility can remain high, so avoid chasing the price and manage your risk carefully.
No FOMO. No emotional trades. Wait for confirmation and execute with discipline.
#US
MAGIC is showing a sharp rejection after an aggressive rally toward $0.16. Price has dropped heavily and is now trading around $0.1044, signaling strong selling pressure after the massive pump.
Potential Short Trade Setup
Entry Zone: $0.1040–$0.1080
TP1: $0.1000
TP2: $0.0950
TP3: $0.0900
TP4: $0.0850
Stop Loss: $0.1130
The key is to watch for a confirmed rejection and weakness around the entry zone before entering. After such a sharp move, volatility can remain high, so avoid chasing the price and manage your risk carefully.
No FOMO. No emotional trades. Wait for confirmation and execute with discipline.
#US