💣 $MAGIC /USDT – High-Risk Short Setup
Price: $0.1700 (+43.10%)
24h High: $0.1866 | Low: $0.1178
Volume: 316.26M MAGIC | $50.05M USDT
Short Entry Range: $0.1745 – $0.1860
Target Levels:
• TP1: $0.1598
• TP2: $0.1446
• TP3: $0.1295
Stop Loss: Above $0.1905
📉 Setup Insight:
MAGIC exploded over 43% today, reaching extreme intraday highs. Momentum is slowing near resistance at $0.1866, while volume remains overstretched. This is a classic overbought condition — prime territory for a short-term correction.
🔍 Watch for rejection candles and sharp volume drops before entry.