🚨 MAGIC/USDT Trade Update 🚨

Current Position: Short (Sell) 📉 Entry Price: 0.1925

📊 Mark Price: 0.1747

📈 ROI: +51.23% 🔥

After a sharp pump, MAGIC/USDT showed clear signs of weakness near the 0.19 resistance level. Price failed to hold above, triggering a reversal pattern on lower timeframes. Technical indicators like RSI divergence and bearish volume spike supported the short setup.

✅ Reason for Short:

Resistance Rejection at 0.19

Weak buying volume

Bearish momentum confirmed below 0.18

Target Levels:

🔻 First TP: 0.1580

🛑 SL: Above 0.1950 (structure break)

This is not financial advice, but the setup aligns with technical analysis strategies.

📊 Always DYOR (Do Your Own Research) and manage risk.

#MAGICUSDT

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