{"content":"#MAGIC BEARISH$HOOK #Hook.👀 🪝 BREAKDOWN $MAGIC CONFIRMATION $C98 The#c98 recent price action of shows clear weakness as momentum fades after repeated rejections near resistance. A descending channel has formed, with volume confirming bearish sentiment. Price has slipped below the short-term EMA, signaling potential continuation to the downside. Entry (Short): Below Rs37.00 Targets (TP): Rs34.20 / Rs31.80 / Rs29.50 Stop Loss (SL): Rs39.00 Technical Outlook: RSI trending below 45 and MACD crossing downward indicate selling pressure intensifying. Failure to regain the EMA zone will likely accelerate the0 downtrend. Risk Management: Risk only 1–2% per trade and trail SL after first target hit to protect profits. #TechnicalAnalysis #CryptoTrading ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/09/70fd96234a66b72a20bf434a8ed3a3cf.png"],"tags":[],"tradingPairs":["C98/USDT"],"quotearticleid":0}