$MAGIC /USDT ā SHORT TRADE SIGNAL! šØ
Market Insights:
$MAGIC faced strong rejection after hitting the $0.3000 mark, triggering a sharp pullback. Price is now hovering near $0.2676, showing bearish pressure with lower highs forming on the short-term chart. A break below $0.2650 could accelerate downside momentum, making it a favorable short setup if selling volume sustains.
Key Levels:
Resistance: $0.2800 ā $0.2900
Support: $0.2650 ā $0.2550
Entry Zone (Short): $0.2680 ā $0.2720
šÆ TP1: $0.2600
šÆ TP2: $0.2520
šÆ TP3: $0.2450
š Stop Loss: $0.2780
š” Pro Tip: If price retests $0.2720ā$0.2750 with weak buying volume, it could offer an ideal re-entry point for the short side.