$MAGIC /USDT – Breakout on the Horizon!
Current Price: $0.2175 (+12.06%)
24H Range: Low $0.1852 | High $0.2475
📊 Market Outlook:
$MAGIC is showing signs of a bullish breakout with a falling wedge pattern taking shape—typically a strong reversal signal. Support at $0.2100 is proving solid, as buyers continue to step in and defend the zone.
🔎 Price Action Highlights:
• Sharp rebound from wedge support
• Higher lows forming around $0.2150
• Increasing volume near resistance—momentum building
🎯 Trade Plan:
• Entry Zone: $0.2160 – $0.2190
• Breakout Trigger: $0.2200
• Take Profit Targets:
• TP1: $0.2350
• TP2: $0.2480
• Stop Loss: Below $0.2090
💡 Pro Tip:
Keep an eye out for a breakout candle above the wedge with volume confirmation. If the move plays out, we could see a quick 10–15% rally.
The magic is brewing—brace for a breakout!