$MAGIC USDT short tread signal 🚦 🛑
BEARISH BREAKDOWN – SELL PRESSURE INTENSIFIES ⚠️
MAGIC has failed to hold its recovery above resistance, showing a strong rejection candle near 0.1923. This signals that sellers are stepping back in with aggression, aiming for a deeper pullback in the coming hours.
📉 Trade Setup (SHORT):
Entry Zone: 0.1855 – 0.1900
Take Profit: 0.1666
Stop Loss: 0.1923
🔎 Short Market Outlook:
Momentum has shifted decisively bearish with continuous lower highs and rejections near resistance zones. If price sustains below 0.1855, expect a sharp continuation towards 0.1666 support. Watch volume spikes for further confirmation of bearish dominance.
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