$MAGIC volume is 21.4x its weekly average. Here is why that ratio changes everything
Most traders look at the plus 131.6 percent price change and assume the move is exhausted
They are missing the core truth about participation
Take $49.2M in daily volume and divide it by the baseline
That massive multiple means real capital is entering not just retail chasing the top
Price can drift on thin air but huge volume proves conviction
Check this ratio on your chart by comparing the current 24 hour bar to the moving average of past volume
If the volume is flat while price runs you are looking at a trap
When volume explodes like this the market has changed its mind entirely
Do not take my word for it, tap $MAGIC and look at the candles
What volume multiple makes you finally take a chart seriously
#MAGIC #TradingTips
Most traders look at the plus 131.6 percent price change and assume the move is exhausted
They are missing the core truth about participation
Take $49.2M in daily volume and divide it by the baseline
That massive multiple means real capital is entering not just retail chasing the top
Price can drift on thin air but huge volume proves conviction
Check this ratio on your chart by comparing the current 24 hour bar to the moving average of past volume
If the volume is flat while price runs you are looking at a trap
When volume explodes like this the market has changed its mind entirely
Do not take my word for it, tap $MAGIC and look at the candles
What volume multiple makes you finally take a chart seriously
#MAGIC #TradingTips