$MAGIC broke out!After weeks of grinding inside a falling channel, OMXTSE:MAGIC finally broke out with a sharp 20% move!
- Channel breakout confirmed
- Price reclaimed the support zone around $0.145
- Resistance zone ahead: $0.185–$0.20
Now it’s all about momentum. If bulls hold above the breakout area, we could see further continuation toward the upper resistance.
Trade smart — avoid FOMO. To ride the wave further, wait for a retest or clear strength above resistance.
This is how a clean technical structure plays out.
