$MAGIC on Watch – Can It Bounce From Support????
Is $MAGIC about to pull off a surprise move upward?
$MAGIC is trading at $0.1846, sitting near a critical support zone.
Bulls must defend this level to avoid deeper downside. A breakout above resistance could trigger a quick rally.
Trade Setup:
Support: $0.178
Resistance: $0.195
Targets: $0.190 / $0.202 / $0.215
Stop Loss: $0.172
Suggestion:
Watch for strength above $0.190 to consider buying.