$MAGIC /USDT – BEARISH PRESSURE TESTING SUPPORT
Analysis Insight:
$MAGIC faced a sharp pullback from $0.3076, breaking below short-term trend levels. Price is now hovering near $0.2588 support — a decisive level for the next move. A bounce from here could trigger a relief rally, but failure to hold may open the door for deeper declines.
LONG PLAN (If Support Holds):
Entry: $0.259 – $0.263
TP1: $0.272
TP2: $0.280
SL: $0.255
SHORT PLAN (If Support Breaks):
Entry: $0.257 – $0.259
TP1: $0.248
TP2: $0.240
SL: $0.263
