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$MAGIC +101.92% – Breakout Confirmed or Bull Trap?
MAGIC has exploded over 100% in the last 24h, reaching $0.2738. After reclaiming the $0.21 resistance, it formed a strong breakout supported by volume.
Technical Highlights:
Support: $0.21
Resistance: $0.285
RSI: Overbought zone (>85)
MACD: Bullish continuation
Trade Setup:
Entry: $0.24–$0.25 (on retest)
TP: $0.285 / $0.31
SL: $0.21
Risk: High (wait for pullback)
Will MAGIC hold its gains, or are we looking at a correction?
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