🚹 MAGIC just went parabolic: +130% in 24 hours — and the top wick is already telling a story.
‱ The move: MAGIC ripped from $0.066 to $0.167 in a single day, one of the most violent low-cap pumps this week. Volume exploded on the way up.
‱ The tell: the hourly candle that tagged $0.1669 closed back at $0.1525 — a long upper wick. That's sellers stepping in at the highs, classic blow-off-top anatomy.
‱ The structure: two weeks of basing between $0.05–$0.067 launched this. The breakout zone $0.12–$0.125 is now the line that decides everything.
‱ The trap: parabolic pumps don't top on schedule. Shorting the top wick works until one more leg up liquidates every early short — patience beats prediction here.
The plan, not a prediction: a strong hold above $0.167 with volume = momentum continuation toward $0.19–$0.20. A 1H close below $0.15 = breakdown mode, first target the $0.12–$0.125 zone, then $0.10. Until one of those triggers, this is a watchlist coin — not a chase.
$MAGIC
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