$MAGIC is struggling to maintain its recovery, and the latest bounce seems to be losing momentum.

The setup is worth watching, with a potential short opportunity around 38x leverage. Timing and risk management will be crucial here.

Entry Zone: 0.0967–0.0973

Take Profit Targets:
TP1: 0.0941
TP2: 0.0917
TP3: 0.0892

Stop Loss: 0.0998

If sellers regain control, price could move toward the lower targets. However, a recovery above the planned invalidation level could weaken this setup.

With 38x leverage, even a small price move can have a significant impact. Stay disciplined, manage exposure carefully, and don't force the trade before confirmation.