$MAGIC Snapshot (2026-10-10 19:46)
【Price & Activity】
Current price: 0.1161, +47.71% over 24 hours, 118.8% amplitude, 75.91 million U traded (ranked 10th marketwide), 691,529 trades
【Trend】
Bullish alignment. Current price > MA7 > MA25 > MA60, with all short- and medium-term moving averages diverging upward. 7-day gain: +177.1%; during the same period, 41% of coins across the market rose.
RSI14: 88.1, already overbought. Chasing in now means picking up the tab for someone else.
【Key Levels】
Resistance above: 0.12 (+3.4%), 0.15 (+29.2%), 0.1639 (+41.2%)
Support below: 0.11 (-5.2%), 0.1 (-13.9%), 0.0749 (-35.5%)
【Order Book】Thickest nearby orders: around 0 million U in sell orders stacked above at 0.11644865; around 0 million U in buy orders supporting below at 0.11540583. Aggressive buys accounted for 49% over the past 24 hours, indicating a balanced market.
【Derivatives Sentiment】Funding rate: -0.466%/8h (annualized -510.5%); shorts are paying. Long/short account ratio: 1.0777 (51.9% long / 48.1% short).
【Fundamentals】Market cap rank: 576; circulating market cap: 39.04 million U; circulating supply: 337 million coins; down 98.2% from its all-time high.
【Things to Watch】
· The first resistance at 0.12 is only 3.4% away (less than one day’s average volatility). Chasing the price offers poor risk-reward—wait for a high-volume break above it before considering further upside.
· First support below is 0.11 (5.2% away).
· Volume in the past 6 hours is 1.87 times that of the preceding 18 hours, a clear spike in volume.
· RSI is already overbought; entering now means betting that “this time is different.”
· With the funding rate annualized at 510%, shorting means paying a heavy premium for that view—the longer you hold, the more it costs.
· Average daily volatility is about 8.52%; don’t set your stop-loss within that range or you may get stopped out needlessly.
【Price & Activity】
Current price: 0.1161, +47.71% over 24 hours, 118.8% amplitude, 75.91 million U traded (ranked 10th marketwide), 691,529 trades
【Trend】
Bullish alignment. Current price > MA7 > MA25 > MA60, with all short- and medium-term moving averages diverging upward. 7-day gain: +177.1%; during the same period, 41% of coins across the market rose.
RSI14: 88.1, already overbought. Chasing in now means picking up the tab for someone else.
【Key Levels】
Resistance above: 0.12 (+3.4%), 0.15 (+29.2%), 0.1639 (+41.2%)
Support below: 0.11 (-5.2%), 0.1 (-13.9%), 0.0749 (-35.5%)
【Order Book】Thickest nearby orders: around 0 million U in sell orders stacked above at 0.11644865; around 0 million U in buy orders supporting below at 0.11540583. Aggressive buys accounted for 49% over the past 24 hours, indicating a balanced market.
【Derivatives Sentiment】Funding rate: -0.466%/8h (annualized -510.5%); shorts are paying. Long/short account ratio: 1.0777 (51.9% long / 48.1% short).
【Fundamentals】Market cap rank: 576; circulating market cap: 39.04 million U; circulating supply: 337 million coins; down 98.2% from its all-time high.
【Things to Watch】
· The first resistance at 0.12 is only 3.4% away (less than one day’s average volatility). Chasing the price offers poor risk-reward—wait for a high-volume break above it before considering further upside.
· First support below is 0.11 (5.2% away).
· Volume in the past 6 hours is 1.87 times that of the preceding 18 hours, a clear spike in volume.
· RSI is already overbought; entering now means betting that “this time is different.”
· With the funding rate annualized at 510%, shorting means paying a heavy premium for that view—the longer you hold, the more it costs.
· Average daily volatility is about 8.52%; don’t set your stop-loss within that range or you may get stopped out needlessly.