$MAGIC MOMENTUM GAINING

$MAGIC USDT is currently trading at $0.1454, up 8.35% in the last 24 hours. The pair has seen a 24h high of $0.1621 and a 24h low of $0.1290, indicating strong intraday volatility. Trading volume remains healthy at 101.04M MAGIC (14.75M USDT), signaling active participation.

The short-term RSI(6) sits at 48.40, suggesting the market is neither overbought nor oversold, leaving room for continued upside. Price action shows support forming near $0.1290–$0.1454 and resistance around $0.1621–$0.1953.

Technical outlook:

Bullish scenario: A sustained break above $0.1621 could target $0.1953 and higher levels at $0.2261–$0.2352.

Bearish scenario: A drop below $0.1454 may test immediate support at $0.1290, with further downside to $0.1154 if selling pressure continues.

Overall, $MAGIC/USDT shows short-term bullish momentum with potential for continuation, but traders should watch for resistance levels and RSI behavior for confirmation.

#MarketPullback #BinanceHODLerZBT #Ripple1BXRPReserve #PowellRemarks #BinanceHODLerENSO $MAGIC