A strong rise in the currency $MAGIC after a clear surge movement 📊 The price reached a high level before stabilizing near the current trading area 🔍
The last candle indicates the entry of noticeable liquidity with a breakout of the previous volatility zone, which gives greater clarity in the direction of the current movement ⚡
The technical indicators show a high rise in RSI reaching the overbought area while MACD records a positive crossover after a long accumulation period 📈
The market is now active and momentum may continue as long as the price stays above the short-term support area. This is just a technical analysis for reading the current movement without any trading direction 🧠
MAGIC
0.1075
-2.36%
