$MAGIC is up over 41%, but the 1-hour chart shows a massive rejection from the 0.16369 high, dropping sharply to 0.107. 📉
The long upper wick tells me sellers stepped in aggressively at the top, so the momentum is clearly cooling off. 🧐
If it holds 0.100, a bounce to 0.123 is possible. But if it loses this support, the next target is 0.078. Stay sharp! ⚠️
$MAGIC
The long upper wick tells me sellers stepped in aggressively at the top, so the momentum is clearly cooling off. 🧐
If it holds 0.100, a bounce to 0.123 is possible. But if it loses this support, the next target is 0.078. Stay sharp! ⚠️
$MAGIC