$MAGIC
/USDT – SHORT TRADE SIGNAL 🔴
REJECTION FROM LOCAL HIGH
SELL PRESSURE DOMINATES THE TREND
MAGIC has dropped significantly after failing to hold above the $0.1608 level. The trend remains bearish as price breaks below $0.1400, forming a lower low at $0.1364.
🔴 Short Trade Setup:
• Entry Zone: 0.1380 – 0.1395
• Take Profit: 0.1320 / 0.1275
• Stop Loss: 0.1428
Market Outlook:
Downtrend continuation expected unless bulls reclaim $0.1440. Volume remains in favor of sellers. Ideal setup for short-term scalpers or intraday bears.
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