+30.2% on $MAGIC in 24 hours, with volume at $29M.

Price blew straight through the 20 and 50 EMAs and is now consolidating under the daily high of 0.140. That's a strong tape. The structure for the last 7 days, however, is defined by the high at 0.164. A rejection here just confirms the range. A break is a new trend.

Is this the bid that takes out 0.164, or the perfect spot to fade?

$MAGIC

More of these coming today. Follow to catch them as they land.