$MAGIC rejected sharply near $0.160 on the 1H, dropping ~14% to ~$0.106 and retracing toward the breakout zone.
Key demand sits at $0.090–$0.100.
A hold could rebound toward $0.150–$0.160; a break below $0.090 risks deeper downside.
After the volatile move, wait for a stable reaction at demand before expecting the uptrend to resume.
Key demand sits at $0.090–$0.100.
A hold could rebound toward $0.150–$0.160; a break below $0.090 risks deeper downside.
After the volatile move, wait for a stable reaction at demand before expecting the uptrend to resume.