$MAGIC – Reversal Zone Tested, Bounce Incoming?

MAGIC just faced a sharp pullback, plunging over 4% to touch support near $0.2075. After several red candles, a small bullish attempt is now forming—potentially signaling a short-term relief bounce. Price is currently reacting off a key horizontal level, and any strength from here could take it back toward $0.2195.

This setup presents an ideal recovery trade opportunity with tight risk control. The current price zone is near a local bottom, and if buyers step in, we might see a climb toward the upper resistance.

This play offers a great risk-to-reward ratio, especially for intraday or scalping strategies. Confirmation above $0.2100 with green candles will boost bullish confidence.

#MAGICUSDT #CryptoSignals #AltcoinBounce #BinanceTrades #ReversalSetup