๐Ÿ”ฎ $MAGIC at a Crossroad โ€“ Breakout or Breakdown? ๐Ÿš€โš ๏ธ

Something big might be coming for $MAGIC.

A Bearish Engulfing candle has appeared on the 1-day chart โ€“ a classic warning of a possible trend reversal.

But hereโ€™s the twist:

RSI is still strong at ~66

MACD and Moving Averages support a bullish trend

If momentum continues, we could see a push towards $0.20 โ€“ $0.21 resistance.

But a daily close below $0.179 could break this setup and turn the trend bearish.

Not financial advice. Do your own research before investing.