MAGIC Crypto Technical Analysis

Technical Sentiment Analysis for Treasure (MAGIC) As of 2026-02-08, Treasure (MAGIC) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 1 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MAGIC stands at 38.575, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.00805, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 41.833 and the Commodity Channel Index (CCI) at -63.095 further confirm a -0.0143 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MAGIC is trading below its 60-day moving average of $0.093 and below its 200-day long-term moving average of $0.145. Key price levels to watch include the immediate resistance at $0.0839 and strong support at $0.0531. A break above $0.0839 could signal a bull continuation, while falling below $0.0531 may test the next Fibonacci floor at $0.0369.