#MAGIC/USDT Trade Setup:
The support level has been respected, and the price is likely to continue its momentum towards the next psychological resistance zone at 0.1700.
*Trade Details:*
- *Entry Zone:* 0.1520 - 0.1500
- *Leverage:* 10x
- *Stop Loss (SL):* 0.1420
- *Position Size:* 5% of your capital
The recent dip was due to sudden excessive overbought conditions, and the market has stabilized itself through a correction.