🔥 $MAGIC USDT Trade Setup – SHORT 📉 MAGIC is trading near 0.1300 after a very fast price pump. The price moved up because strong buying pushed it from around 0.06 to nearly 0.16, but sellers then pushed it down sharply. Now the price is recovering, but the 0.1330–0.1340 area is a key resistance zone. I checked the order book in your screenshot: 59.31% sell orders versus 40.69% buy orders, which shows more sell orders at that moment. My trade plan is SHORT near 0.1300–0.1320, with TP1 at 0.1250, TP2 at 0.1180, and TP3 at 0.1100. Set SL at 0.1350 to protect the trade if the price breaks above resistance. The reason for this short is the sharp rejection after the big pump and the higher sell-side share in the order book. If sellers stay in control, MAGIC may move lower toward the target levels. If price breaks above 0.1340 with strong buying, this short idea may fail. 📉
$LUMIA
$STRK
#TradingSignals
$LUMIA
$STRK
#TradingSignals