The $MAGIC move is being called a blow-off top, but 0.08062 is the level this chart already broke once today. Price ran +81.2% into 0.1136 on the 1h after an impulsive BOS through that prior swing high. That old ceiling is now the line in the sand: it held as resistance earlier in the window, and it is the first place buyers get tested again. The upper wick near the high says sellers leaned in, so a retest of 0.08062 is the honest next step, not a straight shot up. Below 0.07467384 the breakout structure is dead and this reads as a failed push. Would you rather see 0.08062 retested clean or defended from here? Reads like this land daily in the group, my bio points the way. #Altcoin Season#