$MAGIC /USDT – Heavy Correction, Watch for Reversal Zone!

MAGIC is down 15.41%, trading at $0.2250, after a sharp pullback from the 24h high of $0.2807 to a low of $0.2132. Volume remains significant with 300.92M MAGIC traded in 24h and $74.89M USDT. Key support rests at $0.2130, with notable depth clustering near $0.1662 and $0.1167, hinting at potential accumulation. If bulls reclaim $0.2653, we could see a bounce targeting $0.3036 and $0.3149. Until then, caution is warranted as it hovers near a potential bottom zone.

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