$MAGIC reacted strongly from the 0.0897 base and exploded into 0.1046 showing aggressive buyer control. After the impulse price cooled down and pulled back toward 0.0955 where demand stepped in again. Price is now stabilizing around 0.0982 which keeps the higher low structure intact on the 1h chart.

This is a healthy pullback not a breakdown.

Entry Point

0.0980 – 0.0960

Target Point

TP1: 0.1015

TP2: 0.1046

TP3: 0.1088

Stop Loss

0.0938

As long as 0.0960 holds buyers remain in control and the structure supports another controlled push toward the previous high. A clean reclaim of 0.1015 would open the door for continuation beyond 0.1046.

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$MAGIC

MAGIC

0.0959

+5.15%