🚨 $MAGIC RELIEF RALLY STALLS AT RESISTANCE AS SELLERS DEFEND THE KEY FLIP! 📉
Entry: 0.124 – 0.129 ⚡
Target: 0.118, 0.110, 0.102, 0.093 🎯
Stop Loss: 0.136 🛑
📌 That sharp bounce off 0.092 is rapidly running out of fuel as 1H candles flash repeated rejections directly into the 0.13 supply zone. 📊 The aggressive bid that drove the initial recovery has completely thinned out, leaving price primed for another heavy rollover toward 0.10.
💡 Overhead distribution remains intense, and unless buyers absorb this supply and reclaim 0.134, the path of least resistance points down. 💬 Are you fading this relief move or waiting for a clean breakout confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MAGIC #ShortSetup #Altcoins #CryptoTrading
🎯 📉
Entry: 0.124 – 0.129 ⚡
Target: 0.118, 0.110, 0.102, 0.093 🎯
Stop Loss: 0.136 🛑
📌 That sharp bounce off 0.092 is rapidly running out of fuel as 1H candles flash repeated rejections directly into the 0.13 supply zone. 📊 The aggressive bid that drove the initial recovery has completely thinned out, leaving price primed for another heavy rollover toward 0.10.
💡 Overhead distribution remains intense, and unless buyers absorb this supply and reclaim 0.134, the path of least resistance points down. 💬 Are you fading this relief move or waiting for a clean breakout confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MAGIC #ShortSetup #Altcoins #CryptoTrading
🎯 📉