$MAGIC USDT – PARABOLIC SPIKE FACES SHARP REJECTION!
OVER 90% SURGE FOLLOWED BY STRONG WICK
BEARISH CANDLE FORMS AT TOP AFTER EXHAUSTED MOVE
$MAGICUSDT rocketed from $0.1174 to $0.2230 in a near-vertical rally, but the latest 4H candle shows a clear rejection with decreasing momentum. Price now stalls just below the highs, setting up for a likely correction.
Trade Setup:
Short Entry: $0.2040
Targets (TP): $0.1860 / $0.1710
Stop Loss (SL): $0.2155
Market Outlook:
With signs of exhaustion and profit-taking, short-term pullback is probable before bulls attempt any continuation.
#MAGICUSDT #ShortTradeSignal #CryptoReversal #BinanceFutures #