$MAGIC
Expect volatility between $0.145–$0.180
Potential to retest $0.1817, the recent 24h high.
If broken with volume, next resistance lies at ~$0.22 (former breakdown zone).
Strategy:
Scalp Buy Zone: $0.145–$0.150
Target: $0.175–$0.180
Stop-Loss: Below $0.139 (under previous support)
If bullish holds:
If price holds above $0.155 with support forming, it may flip the 10-week MA ($0.341) into a mid-term target.
RSI could enter bullish zone (>55), igniting momentum traders.
If price falls below $0.139 again with weak volume, it's a false breakout – watch for a retracement to ~$0.12.
Protect trades with tight stops under $0.139
Watch for volume continuation; it’s key to confirmation
