Watching $MGC Around 273.25 Support

Hey everyone, been keeping an eye on $MGC. It seems to be testing that 273.25 area again today, which held up pretty well on the last few probes. We saw a bounce from there earlier, but the intraday high around 274.73 didn't quite stick. I'm curious if this level will continue to act as a floor or if a break could open up some downside.

My concern, and the invalidation point for any potential support thesis, would be a sustained close below 273.25. If that happens, especially on increased volume, it might suggest the sellers are finally gaining real traction. Just thinking out loud and trying to see what others are making of it.