Here’s a short-term trading view for $MAGIC /USDT, currently at $0.2581 (+18.94%):

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Short Setup (Reversal Play)

Reason: Strong pump toward resistance ($0.26–$0.30 zone), now near MA60 ($0.2583) with declining volume—potential for a pullback.

Entry (Short):

$0.258–$0.262 (wait for rejection or stalling near resistance)

Target 1:

$0.245 (minor demand zone)

Target 2:

$0.232–$0.235 (next strong support)

Stop-Loss:

$0.266 (above recent local high or wick near $0.2636–$0.265)

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Risk-Reward:

~1:2 or better depending on entry precision

Caution: High volatility due to recent momentum. Consider using low leverage or tight risk control if entering a short.

Want me to check the 1h or 4h structure for confirmation?

#MAGIC #BinanceHODLerHYPER #USChinaTensions #Write2Earn #magicusdt