Crypto Master 786
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Bearish
$MAGIC /USDT – Parabolic Rally Ends, Short Setup Confirmed! 🔻
Price: $0.2204 (+11.43%)
📉 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.
$MAGIC
#BinanceHODLerHYPER #BinanceAlphaAlert #USChinaTensions #BTCRebound #SaylorBTCPurchase
Price: $0.2204 (+11.43%)
📉 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.
$MAGIC
#BinanceHODLerHYPER #BinanceAlphaAlert #USChinaTensions #BTCRebound #SaylorBTCPurchase
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