$MAGIC USDT SHORT TRADE SIGNAL 🔴
$MAGIC just printed a sharp move to $0.1670 but faced rejection at the top. Price is now pulling back after a vertical rise, showing signs of a potential local top forming on the 1H chart.
📊 Trade Setup:
• Entry Zone: $0.1580 – $0.1600
• TP1: $0.1490
• TP2: $0.1430
• Stop Loss: Above $0.1675
With momentum fading and price failing to hold breakout levels, a short setup becomes valid on confirmation below $0.1575.