๐Ÿšจ $MAGIC Reversal Loading? Oversold Gem on the Radar!

๐Ÿ“‰ After a sharp dip of -14.83%, dropping from ~$0.25 to $0.2159, $M$MAGIC ght be entering a prime bounce zone. This level has previously acted as strong support, and technical indicators are now hinting at an upcoming bullish reversal.



๐Ÿ” Quick Analysis:

โœ… Price Zone: $0.21โ€“$0.22 (oversold support)


โœ… Volume: Capitulation volume spike โ€“ sellers may be exhausted


โœ… RSI: Near oversold levels (buy signal potential)


โœ… Chart Structure: Possible double-bottom forming on the 4H chart



๐Ÿง  Trade Idea โ€“ Bounce Play Setup:

Entry Zone: $0.213 โ€“ $0.219

Stop-Loss: Below $0.200 (invalidation)

Target 1: $0.235

Target 2: $0.248

Target 3: $0.265


๐Ÿ“ˆ Bonus Target if Momentum Builds: $0.285 โ€“ previous high zone



๐Ÿงฒ Why this setup looks promising:


Support zone has held historically




Sellers look exhausted after sharp dump




Market likely to bounce as BTC stabilizes




MAGIC ystem remains solid long-term (Treasure + Arbitrum)





๐Ÿ’ก Pro Tip for Traders:

Lock partial profits at each target

Adjust your SL upwards as price rises

Patience = Profits ๐Ÿ“Š



๐Ÿš€ TRADE $MAGIC NOW โ€“ Don't miss the bounce play of the week.

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