$MAGIC 🔥💯👍
/USDT – Bearish Setup Unfolding
The chart reveals a clear downward channel, and MAGIC is showing weakness after failing to hold above $0.21.
Entry: $0.2030
Target 1: $0.1900
Target 2: $0.1780
Stop Loss: $0.2125
The momentum favors bears as volume spikes on red candles. A break below $0.20 could trigger further downside.
Trend: Bearish
Risk Level: Moderate
Trade with caution. Eyes on support zones for potential reversal signs.