🚨 $MAGIC just delivered a powerful breakout, but momentum is running hot.
📊 Price: $0.04890
📈 24H: +20.6%
⚠️ RSI: 84.2, signaling an overbought market where volatility can increase.
Trade Setup (Short):
🎯 Entry: $0.04975 to $0.04800
🛑 Stop Loss: $0.05238
Targets:
✅ TP1: $0.04073
✅ TP2: $0.03341
✅ TP3: $0.02739
💡 Risk management matters: Once the trade moves 8% in your favor, consider moving your stop loss to breakeven to protect capital.
Keep $MAGIC on your radar. After explosive rallies, patience often creates the best opportunities.
$LAB #QAIT #altcoins #Trading #PostonTradFi #ETHETFsApproved
📊 Price: $0.04890
📈 24H: +20.6%
⚠️ RSI: 84.2, signaling an overbought market where volatility can increase.
Trade Setup (Short):
🎯 Entry: $0.04975 to $0.04800
🛑 Stop Loss: $0.05238
Targets:
✅ TP1: $0.04073
✅ TP2: $0.03341
✅ TP3: $0.02739
💡 Risk management matters: Once the trade moves 8% in your favor, consider moving your stop loss to breakeven to protect capital.
Keep $MAGIC on your radar. After explosive rallies, patience often creates the best opportunities.
$LAB #QAIT #altcoins #Trading #PostonTradFi #ETHETFsApproved