#MAGIC — Trade the consolidation 📊✨

On the daily timeframe, $MAGIC is moving inside a downtrend channel / falling wedge, with well-respected support and resistance, producing consistent bounces and rejections.

Price is now at support. If this structure holds, there’s strong potential for a push to retest resistance around $1.3 🎯

Momentum signals:

RSI showing bullish divergence ✅

MACD starting a golden cross, approaching the bullish zone 📈