$MAGIC /USDT SHORT TRADE SIGNAL🔴
LOWER HIGH FORMED BELOW $0.1482
EMA(7) CROSSING BELOW SHOWS MOMENTUM FADE
MAGIC bounced from $0.1292 but failed to hold above $0.1482, forming a lower high on the 30m chart. Price is now trading sideways with pressure building below the 7 EMA and signals of short-term weakness appearing.
🔹Trade Setup:
• Entry Point: $0.1440 – $0.1455
• Stop Loss: $0.1485
• Take Profit:
• TP1: $0.1421
• TP2: $0.1365
• Margin: 2–3% of wallet
• Leverage: 10x
📉Market Outlook:
MAGIC is showing early signs of a reversal after a failed breakout. A break below $0.143 could accelerate downside toward the 99 EMA zone. Bears may gain control on momentum loss confirmation.
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