š®$MAGIC /USDT BULLISH RANGE RETEST ā Targeting $0.2346 & $0.2475
$MAGIC rocketed off the $0.1852 base into the $0.2475 swing-high, then pulled back into the $0.202ā$0.210 support zone and is now reclaiming $0.218. The hourly is carving higher lows and the 6-period RSI sits around 62ābulls are showing strength without being overextended.
š Trade Setup
Entry Zone: $0.212 ā $0.218 (watch for a wick or brief consolidation into this range)
TP 1: $0.2346 (recent 24-h high resistance)
TP 2: $0.2475 (prior swing-high cluster)
Stop-Loss: below $0.200 (just under the last higher-low)
ā ļø Key Levels & Notes
A clean hourly close above $0.223 with rising volume confirms the retest and green-lights scaling toward TP2.
If MAGIC dips and closes below $0.205, this setup is invalidatedāconsider tightening stops or sitting it out.
Keep an eye on hourly structure: sustained higher highs/lows and upticks in buy-volume on green candles will validate the bullish thesis.
Manage position size, trail your stop as $MAGIC advances, and trade responsibly!