Coin Name: $MAGIC
Position: Short
Entry Price: 0.1862
On the 1-hour timeframe, MAGIC is forming a descending triangle pattern, which typically signals bearish potential. If the price approaches the upper trendline, it could present a good shorting opportunity from that level. Alternatively, a break below the lower trendline followed by a retest may offer another short entry—though any trade should be taken with proper risk management.
Leverage: 3X
Targets:
1st TP 0.1600
2nd TP 0.1400
3rd TP 0.1100
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$MAGIC
