$MAGIC đ | Liquidity Watch
Short liquidations worth $5.07K were recorded around $0.16125, highlighting a potential squeeze zone. However, liquidation data alone cannot confirm a bullish market-structure shift. Buyers need to establish follow-through before the next move becomes clearer.
đč Support: $0.0800â$0.0850
đč Resistance: $0.1480â$0.1650
đŻ Next Target: $0.1800â$0.2000
Bullish confirmation: A sustained reclaim of resistance could open the door to another liquidity run. Losing support would weaken the recovery setup.
Let's go $MAGIC đ
Short liquidations worth $5.07K were recorded around $0.16125, highlighting a potential squeeze zone. However, liquidation data alone cannot confirm a bullish market-structure shift. Buyers need to establish follow-through before the next move becomes clearer.
đč Support: $0.0800â$0.0850
đč Resistance: $0.1480â$0.1650
đŻ Next Target: $0.1800â$0.2000
Bullish confirmation: A sustained reclaim of resistance could open the door to another liquidity run. Losing support would weaken the recovery setup.
Let's go $MAGIC đ