🔥 $MAGIC — Bearish Pullback on the Radar? 📉
$MAGIC recovered strongly after dropping from $0.163 to $0.092, but buying pressure now appears to be fading. A rejection near $0.130 could open the door to another downside move.
🔴 MAGIC/USDT — SHORT SETUP
📍 Entry: $0.124 – $0.129
🎯 TP1: $0.118
🎯 TP2: $0.110
🎯 TP3: $0.102
🎯 TP4: $0.093
🛑 Stop Loss: $0.136
📊 Market Watch: $MAGIC is trading around $0.12515 in this setup. Resistance near $0.130 remains an important level to watch. If sellers regain control, a pullback toward $0.110 or even $0.100 may become possible.
⚠️ Risk Reminder: This setup is speculative, not a guaranteed trade. A breakout above $0.134 could trigger a sharp move against short positions. Always manage risk carefully and use a stop loss.
DYOR before entering any trade. 📉
$MAGIC recovered strongly after dropping from $0.163 to $0.092, but buying pressure now appears to be fading. A rejection near $0.130 could open the door to another downside move.
🔴 MAGIC/USDT — SHORT SETUP
📍 Entry: $0.124 – $0.129
🎯 TP1: $0.118
🎯 TP2: $0.110
🎯 TP3: $0.102
🎯 TP4: $0.093
🛑 Stop Loss: $0.136
📊 Market Watch: $MAGIC is trading around $0.12515 in this setup. Resistance near $0.130 remains an important level to watch. If sellers regain control, a pullback toward $0.110 or even $0.100 may become possible.
⚠️ Risk Reminder: This setup is speculative, not a guaranteed trade. A breakout above $0.134 could trigger a sharp move against short positions. Always manage risk carefully and use a stop loss.
DYOR before entering any trade. 📉
