$MAGIC exploded — and now it's cooling off!
After an insane rally from $0.06 to $0.30 in just 2 days (over +400% gain), MAGIC is now correcting, currently trading at $0.2225, down 15% in the last 24 hours.
Key Highlights:
RSI was in the overbought zone – correction was expected
MACD still bullish, but momentum is slowing
EMA(7) = $0.1795 acting as dynamic support
Volume remains high — the market is still watching closely
Is this dip a buying opportunity or the end of the run?
Watch the $0.20–$0.18 support zone for a bounce.
A clean break above $0.27 could trigger another leg up.
