🧙♂️ $MAGIC USDT – Short Setup
Entry: 0.2428
Stop Loss (SL): 0.2464
Take Profit (TP): 0.2264
Current Price: ~0.2331 (Trade Active)
Risk 1% of capital
📐 Setup Logic (15-Min Chart)
Liquidity Sweep: Price spiked into the upper trap zone, triggering stop hunts above previous highs.
Entry Zone: Just below the trap wick—perfect for catching the reversal.
SL Placement: Above the trap zone, guarding against fakeouts.
TP Zone: Blue demand area where volume previously absorbed selling pressure.
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