$MAGIC /USDT – PERFECT SHORT TRADE ENTRY OPPORTUNITY!
After an aggressive bullish move, $MAGIC/USDT just hit heavy resistance near the $0.1547 mark and is now showing signs of rejection. The current price at $0.1430 suggests a strong potential reversal zone for short entries.
Trade Setup
Short Entry: $0.1430
Target: $0.1320
Stop Loss: $0.1510
Market Outlook
Momentum is weakening after a sharp pump, and the price is forming a lower high structure with increased seller presence. If volume confirms the rejection, a downward continuation is likely.
Pro Tip: Monitor closely and trail stop-loss for secure profits during the drop.
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