$MAGIC

MAGICUSDT Technical Analysis:

Current price is $0.18670.

EMA 50 is at $0.18705 and

EMA 200 is at $0.18942.

The EMA cross level is $0.18672.

Price is trading below both EMA 50 and EMA 200, which shows short-term weakness.

RSI is 59.40, slightly below the overbought zone, indicating some cooling in buying momentum.

MACD is at 0.009038, Signal is at 0.008078, and the

Histogram shows -0.000960, confirming a bearish crossover.

Although net volume is still positive at 102.818M, the momentum appears to be weakening.

Signal

Short entry around $0.18600
Stop Loss: $0.18840

Take Profit 1: $0.18320
Take Profit 2: $0.18000

Please do your own analysis before placing any trade, thanks.

have a happy trading...