$MAGIC has fallen below the 0.13 level.
Let’s talk about what lies behind this number.
Previous highs and lows are the most common key price levels: having struggled to rise past or found support at a level before can influence buying and selling when the price reaches it again.
With leveraged positions, first consider whether you can withstand the worst-case scenario, then think about what the indicators are saying.

This is not investment advice. Don’t copy it blindly.