#MAGIC

#Trade

#FutureTradingSignals

#TradingSignals

$MAGIC

Below is the latest update on the price of Treasure (MAGIC) over the past 24 hours, along with a short-term futures investment strategy analysis for the next 24 hours, based on market data and algorithmic analysis:

📈 Current MAGIC Price

• Current price: $0.2183 USD 

• Daily trading range: $0.2041 – $0.2254 USD

• 24-hour trading volume: $64.34 million USD 

• Market capitalization: $66.55 million USD

📰 Factors Affecting MAGIC Price in the Last 24 Hours

• Network growth: Treasure DAO continues to expand its user base and improve infrastructure, attracting interest from the community and investors.

• Positive market sentiment: The general recovery of the cryptocurrency market has positively impacted the price of MAGIC, with significantly increased trading volume in the last 24 hours.

📊 Technical Analysis & Short-term Futures Strategy (next 24 hours)

🔍 Support & Resistance Levels

• Short-term resistance: $0.2254 USD 

• Strong support: $0.2041 USD

📈 Proposed Trading Strategy

• Long strategy (buy): If the price of MAGIC exceeds the resistance level of $0.2254 with increased trading volume, a long position can be opened targeting $0.230 – $0.235.

• Short strategy (sell): If the price cannot maintain above the support level of $0.2041 and drops below $0.200, a short position may be opened with a target of $0.195 – $0.190.

🤖 AI Model Forecast

• Price increase forecast: According to Binance's analysis, MAGIC could reach $0.2181 tomorrow, with a growth potential of 5% compared to the current price. 

• Adjustment forecast: Some technical analyses indicate that MAGIC may face downward pressure if it fails to maintain above the support level of $0.2041.

✅ Conclusion

• Short-term trend: Bullish, with a target to test the level of $0.230 if it surpasses the resistance of $0.2254.

• Proposed strategy: Prioritize opening a long position when the price exceeds $0.2254 with increased trading volume; consider opening a short position if the price drops below $0.200.

• Note: The market may experience high volatility due to factors such as the development of the Treasure network, investor sentiment, and global economic events.