📉 Market Recap: After a wild spike to $0.3036, $MAGIC has entered a steep correction phase, printing multiple strong red candles and breaking short-term support.
🔑 Key Levels:
Resistance: $0.2600 – $0.2800
Support: $0.2000 – $0.1860
24H Range: $0.1794 – $0.3036
🔻 Short Trade Plan:
Entry Zone: $0.2230 – $0.2290
TP1: $0.2000
TP2: $0.1860
TP3: $0.1750
Stop Loss: Above $0.2450
📊 Market Insight: The price failed to sustain its breakout rally, forming a clean lower high and heavy sell pressure. Breakdown volume rising—signals potential trend reversal.
💡 Pro Tip: Let price retrace slightly for better risk-to-reward. Watch for bearish continuation candles or EMA rejection confirmation on lower timeframes.
if you don't know something why you predict most of guys loose money in this coin you loose your money already and you want most of people loose??? shame on this prediction