MAGIC Is About To Fall Off The Cliff

Entry: 0.1052 🟩

Target: 0.0985 🎯

Stop Loss: 0.1085 🛑

The market structure for $MAGIC is screaming danger. After failing the upside attempt, we confirmed lower-lows and lower-highs. This is pure continuation to the downside. Look at the rejection wick—it confirmed the momentum shift. If $MAGIC breaks the 0.103 support, expect a cascade straight to the extended targets. Until 0.11 is reclaimed, any move higher is a fakeout. This weakness is a dangerous signal, especially with $BTC struggling to hold support. Momentum is locked and loaded for the next leg down.

This is not financial advice. Trade responsibly.

#MAGIC #Scalping #CryptoTrading #TechnicalAnalys #BTC

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MAGICUSDT

Perp

0.1117

+16.23%

BTCUSDT

Perp

93,823.1

+3.94%