MAGIC (MAGIC / USDT) — funding, open interest and structure
Uptrend (+82.6% over 24h), price is stretched far (+78% from EMA200) — such stretches tend to snap back. The scenario is not mature: neither long nor short has an edge here.
Key numbers
- Price
- $0.1140
- 24h change
- +82.59%
- 24h volume
- $193.17M
- 24h high
- $0.1216
- 24h low
- $0.0624
- Market cap
- $37.71M
- Sector
- AI
- Funding rate
- -0.009%
- Open interest
- $13.87M
- OI change, 24h
- +111.43%
- OI trend
- rising
- RSI (1h)
- 89
- ATR / price
- +1.94%
- Volume vs average
- 1.45x
What is happening
Open interest (the sum of open positions) jumped sharply — an inflow of new positions into the market.
Why: A wide gap above the mean, overheated on RSI
- Status
- Active
- Stage
- Preparing
Facts
- Price above VWAP·5d (+38%)
- RSI 89
- MACD rising
- OI rising (+28% over 4h)
- Funding −0.009%
- Volume ×1.4 vs the 20-candle average
What each number means
Funding rateneutral
Funding −0.009%: neither longs nor shorts dominate, no overheating.
Open interestposition inflow
OI is rising on a rally (+28.2% over 4h): new longs are stepping in — the move is backed by money. OI is accelerating.
RSIoverbought
RSI 89: overbought. It can hold at a trend peak, but the room above is thinning. And RSI is rising — pushing deeper into overbought.
EMA stackuptrend
Price is above EMA200 and the averages are stacked bullish (20>50>200) — a steady uptrend. Price is stretched far from EMA200 (+78%) — such stretches tend to snap back.
MACDmomentum building
The MACD histogram is rising — upside momentum is building.
Volatility (ATR)volatility normal
Normal volatility (ATR 4.7%/h). Volatility is expanding — bigger moves, longer wicks.
Cumulative volume deltaflow flat
CVD is flat: neither buyer nor seller dominates the flow.
Recent moveactive pump
Active pump, phase 2 (+56% over 8h): the move is fast, too late to chase — high risk. But it is slowing — running out of steam.
Volumevolume normal
Volume is normal (1.4× the 20-candle average).
Candlestick patternsbullish pattern
Pattern "threeWhiteSoldiers" (1h) (85%): the figure favors buyers. Stronger if the next candle confirms it.
Volume profileabove value area
Price is above the value area (VAH $0.1129) — demand is stretched up, it often gets pulled back into the area.
Pivot levelsabove pivot
Price is above the daily pivot $0.09075 — an intraday buyer lean. Nearest resistance $0.1208 (+6.0%).
Support and resistancebetween levels
Nearest levels: support $0.06617 (−41.9%) (2 touches).
Levels and structure
- Range high / low
- $0.1216 · $0.0777
- Support
- $0.0662 · $0.0658 · $0.0639
Range and holding cost17 days
Where MAGIC sits in its recent range, how much it moves on an average day, and what holding a position has cost in funding.
- Window high
- $0.07472026-10-07
- Window low
- $0.04742026-09-24
- Price within the window
- 70.2%
- Average daily range
- 10.99%
- Up days
- 12 / 17
- Down days
- 5 / 17
- Best day
- +16.48%
- Worst day
- -9.14%
- Average funding
- -0.024%
- Time funding was positive
- 74%
- Open interest over the window
- +55.58%
Funding and open interest history started on 24 August 2026, so this part of the window is still short — it deepens on its own.
| Date | Close | Change | Range | Funding rate | Open interest |
|---|---|---|---|---|---|
| $0.0666 | +1.80% | 9.82% | +0.005% | $3.86M | |
| $0.0654 | -9.14% | 15.72% | +0.005% | $3.98M | |
| $0.0720 | +16.48% | 20.77% | +0.005% | $4.22M | |
| $0.0618 | +0.67% | 4.45% | +0.006% | $10.88M | |
| $0.0614 | +7.05% | 14.67% | +0.005% | $11.06M | |
| $0.0573 | -2.57% | 8.23% | +0.005% | $9.06M | |
| $0.0588 | +7.53% | 22.81% | -0.021% | $8.97M | |
| $0.0547 | +3.05% | 12.34% | no data | no data | |
| $0.0531 | +3.79% | 9.32% | no data | no data | |
| $0.0512 | -3.09% | 5.25% | no data | no data | |
| $0.0528 | -2.13% | 6.56% | -0.12% | $8.51M | |
| $0.0539 | +4.41% | 23.83% | -0.18% | $9.29M | |
| $0.0517 | +1.45% | 4.24% | no data | no data | |
| $0.0509 | +2.27% | 4.2% | no data | no data |
What the terminal adds
Order flow (CVD and taker split), the full order book with a depth map, price magnets, AI scenarios and Guardian on the coins you are trading — inside Sonarcast.