✨ MAGIC/USDT Market Pulse ✨
🚀 Current Price: $0.2152 (≈ Rs61.05)
📈 24h Change: +2.67%
🎯 24h Range: $0.2077 – $0.2243
---
🔍 What’s Happening?
MAGIC has pulled itself up from the dip at $0.1883 and is now trading above its 7-day & 25-day moving averages. This is an early sign of strength — a bounce that could evolve into a proper trend reversal.
📊 Key Signals:
✅ Price above MA(7)=0.2065 & MA(25)=0.2106 → short-term bullish momentum.
✅ Still +19% above MA(99)=0.1809 → long-term support intact.
🔑 Resistance at 0.2243 → breakout level to watch.
🛡️ Supports: 0.2106 (MA25) & 0.1883 (recent low).
---
🔥 Scenarios to Watch:
1️⃣ Bullish case: Break & close above 0.2243 with strong volume → next targets 0.2564 / 0.2905.
2️⃣ Pullback case: Failure to hold 0.2106 → retest 0.1883 / 0.1809.
---
💡 Takeaway:
This looks like a relief rally with potential to flip into a reversal. Volume will decide if MAGIC has real magic this week ✨.
⚠️ Not financial advice — trade safe, manage risk!
#MAGIC #cryptotrading