$MAGIC experienced a long liquidation at 0.09517, signaling late long exposure into resistance. The flush cooled momentum and cleared leverage without fully invalidating the broader structure. Price reaction around demand will define the next move — stabilization favors recovery attempts, while weakness extends consolidation.
EP: 0.0940 – 0.0965
TP: 0.1025 / 0.1110
SL: 0.0915
Post-liquidation balance phase.
MAGICUSDT
Perp
0.094
-1.15%