The "Quick Bounce After Price Explosion" Strategy for

#MAGIC/USDT

Strategy Name:

Second Wave Sniper Strategy

Why is this strategy suitable now?

The currency rose more than 30% in a single candle.

The price hit resistance at 0.2069 and pulled back.

RSI = 71.8 = Overbought = Correction risk is present.

But: The upward momentum has not broken → There is a second wave coming if the conditions are met.

$MAGIC

Profit Plan:

Phase 1: Waiting for a technical pullback (Cooling)

Watch the price if it pulls back to the area: 0.1650 – 0.1710 USDT

This is a "Smart Entry" area after the quick profit-taking by whales.

$MAGIC

Phase 2: Entering from support – Second Wave Hunting!

Entry: 0.1680 – 0.1710 USDT

First Target (TP1): 0.1920

Second Target (TP2): 0.2060 (Testing the previous peak)

Third Target (TP3): 0.2180 (Extension in case the momentum continues)

Stop Loss:

Close a candle below 0.1600 = Immediate exit from the trade.

Professional Reminder:

Don’t enter at the peak! → The huge candle has ended, and those who entered late are currently at risk of correction.

Hunt the next smart bottom and enter the second wave with less risk.

Discussion Question:

Do you see the MAGIC explosion as the start of a long trend?

Or just a temporary pump from the whales? Share your opinion! 👇

#MAGIC #CryptoArabic