$MAGIC /USDT – TESTING THE BOTTOM, or MORE PAIN AHEAD? 🧙‍♂️⚠️ MAGIC is under pressure, now trading at $0.1375 (-12.53%) after a sharp rejection from $0.1496, forming a clean downtrend on the 30-min chart.🔻 Lower highs, big red candles, and declining momentum – bears are clearly in charge 🐻

🧠 Technical Breakdown:

🔻 Resistance: $0.1394 / $0.1421 / $0.1496

🟢 Support (Now Being Tested): $0.1373 (24H Low)

📊 24H Stats:

• High: $0.1608

• Low: $0.1373

• Volume: 78.93M MAGIC / 11.64M USDT

• Trend: Bearish bias with possible bounce zone

📌 A clean bounce from $0.1373 with rising volume could lead to a short-term recovery

🎯 Bounce targets: $0.1394 → $0.1421

But if $0.1373 breaks with strong red candles, downtrend resumes. 📉 Breakdown targets: Look toward $0.1325 and lower zones on the 1H/4H charts

Market is at a decision point — wait for volume confirmation and candle strength before jumping in. MAGIC needs a miracle or the bears will drag it further.

Buy and Trade $MAGIC

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