✨ $MAGIC /USDT – “Sharp Correction Into Key Support — Eyes on Rebound” 📉🛡️

$MAGIC is trading at $0.1536, down -16.20% in the last 24 hours. The pullback brings price into a historically significant support zone, creating a potential setup for reversal.

🔍 Technical Overview

Price has retraced from highs near $0.185 down to the $0.15 – $0.156 support area, which has acted as a strong base in recent weeks.

RSI on 4H is in oversold territory (<30), signaling potential exhaustion of sellers.

Volume increased sharply during the drop — a sign of possible capitulation or a shakeout before bounce.

Confirmation via bullish reversal candles and volume is needed before entry.

Breakdown below $0.148 risks deeper correction.

🎯 Trade Setup – Precise Entry Zone

💰 Buy Zone: $0.150 – $0.156

(enter on clear bullish reversal signals)

🔒 Stop-Loss: Below $0.146

(invalidates setup)

🎯 Target 1: $0.17

🎯 Target 2: $0.19

(previous resistance zones)

🧠 Trade Insight

Corrections in high-volatility tokens like $M$MAGIC ten offer disciplined traders excellent risk-reward if they wait for confirmation.

Conclusion:

MAGIC is at a pivotal support level with strong bounce potential. Trust Crypto Journey1 to deliver the most reliable setups.