$MAGIC Update
(Spot: MAGIC/USDT)
• MAGIC tried to push above $0.2428 but sellers stepped in
• Price is now sitting around $0.2059, close to key support
• 4H StochRSI is deep in the oversold zone — could hint at a bounce soon
What’s happening:
Support around $0.2029 is holding for now
Buyers are showing small reactions near support
Momentum is weak but setting up for a possible reversal
Things to watch:
If $0.2029 holds and StochRSI flips bullish, price could target $0.2270–$0.2300
If $0.2029 fails, next support sits down near $0.1790
No confirmed bounce yet, but looks interesting if bulls step in.