Just a casual thought: $MAGIC hit a 7-day high, but couldn’t hold it. It’s now at 0.089, back below the previous high of 0.08919.
I’ve seen this kind of movement plenty of times. A genuine breakout usually gets back above the level quickly; if it can’t reclaim it for a while, that’s a warning sign. I’ll keep an eye on it.
What would you do in this situation?
I’ve seen this kind of movement plenty of times. A genuine breakout usually gets back above the level quickly; if it can’t reclaim it for a while, that’s a warning sign. I’ll keep an eye on it.
What would you do in this situation?
