$MAGIC either defends 0.09222 in the next few hours and starts repairing the 34% drop, or loses it and the lower structure comes into play. Buyers drove the expansion into 0.16369, then sellers repriced the whole move fast. Lower highs since. Price is sitting near the fast EMA at 0.10075296, which is the line that has to be reclaimed for any recovery to count. The swing low at 0.09222 is the one that matters. Hold above it and the base can rebuild; break below and there is nothing nearby to catch it. So the next 4 to 8 hours decide which of those two we get. Are you watching for the reclaim or bracing for the retest? More charts like this land in the group daily, bio has the way in. #Altcoin Season#