🛑 $MAGIC /USDT Bearish Reversal in Motion!

$MAGIC just printed a sharp rejection from the $0.2230 resistance after a 71% vertical rally. Lower highs forming on the 15m chart signal fading bullish strength and incoming downside pressure.

📉 Trade Setup (Short):

• Entry Zone: $0.2117 – $0.2140

• TP1: $0.2000

• TP2: $0.1900

• TP3: $0.1800

• SL: $0.2230

📊 Market Insight:

Bearish momentum building fast after rejection. Exhaustion wicks and structure shift suggest a clean drop toward major support at $0.1900–$0.1800. Momentum traders this setup offers strong R:R on short entries.