$MAGIC /USDT – SHORT TRADE SIGNAL! 🚨
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 – $0.2900
Support: $0.2650 – $0.2550
Entry Zone (Short): $0.2680 – $0.2720
🎯 TP1: $0.2600
🎯 TP2: $0.2520
🎯 TP3: $0.2450
🛑 Stop Loss: $0.2780
💡 Pro Tip: If price retests $0.2720–$0.2750 with weak buying volume, it could offer an ideal re-entry point for the short side.