$MAGIC 1 hours +12.25%, current price 0.1201. Two possible scenarios from here:
① If the pullback holds above the starting point → the uptrend may continue; first watch the 24h high of 0.1211
② If it falls back below the starting point → this rally was probably a bull trap, so don’t get attached
I personally care more about how the first retest performs. What confirmation would you need before entering?
#MAGIC
The data comes from public sources; please verify it yourself.
① If the pullback holds above the starting point → the uptrend may continue; first watch the 24h high of 0.1211
② If it falls back below the starting point → this rally was probably a bull trap, so don’t get attached
I personally care more about how the first retest performs. What confirmation would you need before entering?
#MAGIC
The data comes from public sources; please verify it yourself.