🧠 $MAGIC is cooling down — not breaking down.
After a strong impulse, price is digesting gains instead of collapsing, which keeps the bullish structure intact.
MAGIC is holding above MA99 while consolidating under recent highs. The pullback shows decreasing volume, suggesting profit-taking rather than aggressive selling. RSI has reset to the mid-zone, and MACD is easing without bearish expansion — a typical pause before continuation.
Bias favors LONG as long as structure stays intact.
Trading Plan:
Entry zone: 0.110 → 0.1125
Targets: 0.118 / 0.122
Invalidation: 0.107
Strong trends breathe before moving again.
MAGICUSDT
Perp
0.113
-1.65%
