$MAGIC magic pancake represents strength when it is consolidating during a drop. It quickly rebounded with a spike in the early morning, and the MACD is still above the zero line. Therefore, I placed a long position, but it has reached the resistance level of the trendline, so for now, it is a short-term long position. On the right side, we need to wait for a breakout of the trendline and a retest confirmation before going long.