While watching the market this afternoon, I noticed $MAGIC had plunged.
Down 4.27% in 5 minutes, with the price at 0.1529.
Honestly, I’ve seen plenty of sharp drops like this—some are just wicks, while others signal a weakening trend. This time, the 24-hour trading volume is $55.21 million, so that may be worth considering.
What do you think—is it one or the other?

#MAGIC

Volatility is high, so manage your leverage carefully.