$MAGIC breaks above the 0.12 level. From here, there are two possible scenarios:
① It pulls back to 0.12 and holds → the level turns into support; the first upside target is the 24-hour high of 0.1279.
② It falls back below 0.12 and fails to reclaim it → this looks more like a test of the highs, so don’t overstay.
I’m paying closer attention to how it holds up on the first pullback.
#MAGIC
① It pulls back to 0.12 and holds → the level turns into support; the first upside target is the 24-hour high of 0.1279.
② It falls back below 0.12 and fails to reclaim it → this looks more like a test of the highs, so don’t overstay.
I’m paying closer attention to how it holds up on the first pullback.
#MAGIC