$MAGIC Momentum Fades After Spike Short Setup in Play❗$MAGIC rallied sharply to $0.2440 but failed to hold gains, now slipping below $0.2120 with clear bearish pressure. RSI is down to 34, signaling further downside could follow.
🔻 Short Trade Setup:
Entry Zone: $0.2125 – $0.2175
TP1: $0.2015
TP2: $0.1925
TP3 (Final Target): $0.1820
Stop-Loss: Above $0.2240
Why This Setup Works:
The price has already rejected hard from the top wick and is now trading below key intraday levels. A bearish continuation may develop if sellers keep pressure near the $0.2100 zone.
take trade here $MAGIC