Technical analysis by TheHunters_Company about Symbol MAGIC: Buy recommendation (8/21/2025)

Hello friends Well, we have a downtrend, and you can see that we have drawn a resistance for it, and the price has hit this resistance twice. After the second hit, the price has fallen to the specified support area, and in that area a double bottom pattern has formed, and the price has been supported. Now, considering the support in this price area, we need to see if the buyers can break the specified resistance or not? If the resistance is broken, the price can move up to the two specified areas, but if the price falls, we need to see if the support that once supported the price and caused the price to grow can support it again or not? So, follow capital and risk management *Trade safely with us*