$MAGIC just touched $0.1086 (-3.12%), brushing the liquidation zone near $0.1075, with an estimated $9.0M in liquidations over the last 24h. This is a high-volatility pocket where sharp snapback rallies often ignite as stop hunts clear weak hands and liquidity reloads.
Momentum is cooling off — watch for a potential reclaim above the short-term MAs to confirm a bounce setup.
Entry (EP): $0.1085
Take Profit (TP): $0.1125
Stop Loss (SL): $0.1060
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