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Before this chart caught everyone's attention, something important had already changed.
$MAGIC has finally broken out after spending hours moving sideways around the $0.041 support zone. That quiet phase now looks like accumulation, with buyers stepping in and pushing the price higher.
The jump from $0.041 to above $0.053 in a short time shows bullish momentum is back, and the rise is being supported by healthy trading volume.
Key Levels to Watch
Current Price: $0.0538
Immediate Support: $0.0500
Major Support: $0.0460 to $0.0470
Resistance Zone: $0.0580 to $0.0600
The current structure stays positive as long as MAGIC holds above the $0.050 support level.
If buyers manage to push through the important $0.060 resistance, it could bring another wave of buying and create room for further upside in the next sessions.
For now, the bulls remain in control, but the $0.060 area is still the key level to watch.
#Get2SharesOfSKHynixAtZeroCost #MicronOvertakesMetaInMarketValue