🚨⚠️ $MAGIC — IS A BRUTAL REJECTION COMING? 📉👀
$MAGIC has exploded nearly 130% in 24 hours 🚀🔥
But after a pump this aggressive, I’m watching higher-timeframe resistance instead of chasing green candles.
🎯 $0.20 — First resistance zone
🎯 $0.22 — Higher resistance zone
📉 My SHORT plan:
🔹 25% initial entry if rejection is confirmed
🔹 75% reserved for a stronger setup
🔹 Waiting for price action confirmation before adding
⚠️ I’m not calling the exact top. If buyers break resistance with strong momentum, the bearish setup could fail.
My bias: BEARISH 🤝😅
What do you think? 👇
🚀 Another leg up or 💥 a brutal rejection?
#MAGIC #CryptoTrading #BinanceSquare
Not financial advice. DYOR. Shorting after a massive pump carries significant liquidation risk.$MAGIC
$MAGIC has exploded nearly 130% in 24 hours 🚀🔥
But after a pump this aggressive, I’m watching higher-timeframe resistance instead of chasing green candles.
🎯 $0.20 — First resistance zone
🎯 $0.22 — Higher resistance zone
📉 My SHORT plan:
🔹 25% initial entry if rejection is confirmed
🔹 75% reserved for a stronger setup
🔹 Waiting for price action confirmation before adding
⚠️ I’m not calling the exact top. If buyers break resistance with strong momentum, the bearish setup could fail.
My bias: BEARISH 🤝😅
What do you think? 👇
🚀 Another leg up or 💥 a brutal rejection?
#MAGIC #CryptoTrading #BinanceSquare
Not financial advice. DYOR. Shorting after a massive pump carries significant liquidation risk.$MAGIC