$MAGIC /USDT – Sharp Drop to Local Support Zone! 📉🛑
$MAGIC has plunged -10.27% in the last 24H, now trading at $0.2070 after hitting a day low of $0.2048.
This comes after a rejection near $0.2266, triggering a rapid fall with increased sell pressure.
Chart Insight:
Resistance: $0.2231 – $0.2266
Support: $0.2048
Volume Surge: 161M MAGIC | 35M USDT
24H High: $0.2395
24H Low: $0.2048
Short Trade Setup Activated:
Entry: $0.2070 – $0.2090
Final Target: $0.1940
Stop Loss: $0.2158
Why Short? Rejection from key resistance, consistent lower highs, and sharp bearish volume spike.
Risk Tip: Trail your SL as price nears target to lock in gains!
Take Short Trade Now on $MAGIC
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