š»$MAGIC
Short Signal Alert
After a sharp +31% spike, MAGIC is showing signs of exhaustion near the 0.1600 resistance zone. A potential pullback could follow if selling pressure increases at current levels.
š Trade Setup:
Entry: 0.1585
Targets:
šÆ Target 1: 0.1500
šÆ Target 2: 0.1400
šÆ Target 3: 0.1300
Stop Loss: 0.1700
Key Resistance: 0.1606 / 0.1759
Key Support: 0.1500 / 0.1400
ā ļø Watch for a rejection at 0.1600 and a break below 0.1550 for confirmation.