$MAGIC BOUNCE +58.59% – Whales return to the market!

📈 After the -20% crash that made many traders flee, MAGIC unexpectedly "revived" strongly with a jump of +58.59%, from the bottom of $0.1729 to the peak of $0.2853 in just 24 hours.

🧠 In-depth market analysis:

Explosive volume: 24h volume reached 342.67M MAGIC – significant capital has entered the market.

MA5 crosses MA10 from below: a solid reversal signal.

15-minute chart: accumulation pattern – clear breakout, no longer a bull trap.

🐋 Whale capital?

After Arthur Hayes (BitMEX) aggressively sold off ENA, PEPE, ETH... speculative capital has shifted towards small altcoins with strong pump potential → MAGIC is benefiting.

📊 On-chain & Macroeconomics:

The market is betting on the Fed's stimulus policy ahead of Q3 credit risk decline.

Many short-term capital flows are rapidly rotating through small altcoins → opportunity but also high risk.

🔥 Trend forecast:

If it holds above $0.2550, MAGIC could test $0.2950 – $0.3050 in the short term.

Swing traders need to monitor volume and RSI to avoid FOMO at the top.

Warning: volatility will be extremely strong due to unstable sentiment after the recent dump.

💬 Are you Long or Short on MAGIC? What is your opinion?

#MAGIC #USDT #BinanceFutures #CryptoAnalysis #W2E