$MAGIC /USDT – Downtrend Alert! Short Trade Idea

Current Price: $0.2051

Today’s Gain: +69.78%

24h Volume: 503.53 Million MAGIC

Category: High Volatility Coin

Why Sell MAGIC Now?

MAGIC went up fast from $0.1202 to $0.2230. But now, price is falling and showing weakness. Sellers are gaining control, and the chart shows signs of reversal from the top.

Price Levels to Watch

Resistance Levels (price may face selling): $0.2055 and $0.2100

Support Levels (price may slow down): $0.2000 and $0.1945

Trade Plan (Short Setup)

Sell Between: $0.2050 – $0.2065

Stop Loss: Above $0.2100

Target 1: $0.2000

Target 2: $0.1945

Target 3: $0.1900

Summary

MAGIC is now facing strong resistance and forming a possible downtrend. If the price stays below $0.2065, we may see further drop. Spot and futures traders should watch closely and follow the trend with stop loss.