$MAGIC 24 The new high was reached within 24 hours.
24h +3.05%, current price 0.0675, previous high 0.06706.
Structurally, this new high suggests the overhead trapped shares above have become lighter, so near-term pressure is relatively smaller; however, if it quickly falls back below the previous high, you should be on guard against a bull trap. Will you follow it or wait?
#MAGIC
Decide for yourself when to enter and exit—don’t blindly follow.
24h +3.05%, current price 0.0675, previous high 0.06706.
Structurally, this new high suggests the overhead trapped shares above have become lighter, so near-term pressure is relatively smaller; however, if it quickly falls back below the previous high, you should be on guard against a bull trap. Will you follow it or wait?
#MAGIC
Decide for yourself when to enter and exit—don’t blindly follow.