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Hey Binance Square fam! š Are you keeping an eye on $MAGIC? This gaming and metaverse token is showing some spellbinding moves lately. Let's dive into the latest market action and see what the charts are telling us! š§āāļøš
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š Current Snapshot
Price: $0.1915
24h Range: $0.1894 ā $0.2087
Market Cap: $63M
Volume (24h): $60.9M
Circulating Supply: ~329.8M MAGIC
Data sourced from CoinGecko.
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š Technical Overview
After a significant pump from the $0.12 demand zone, $MAGIC/USDT has formed a bullish consolidation just below the $0.2150 resistance. The price is currently holding steady around $0.1966 and preparing for another breakout toward higher levels. The structure ... .
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šÆ Trade Setup
Entry Zone: $0.1910 ā $ ...
Take Profit (TP):
TP1: $0.2149
TP2: $0.2280
Stop Loss (SL): $0.1780
Note: Always ensure proper risk management and adjust your positions accordingly.
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š Market Outlook
The momentum remains strong with volume support ... the price stays above $0. ... .
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š§ Final Thoughts
$MAGIC is showing promising signs of a bullish breakout. With strong support levels and increasing volume, it might be the right time to consider this token for your portfolio. Remember to stay updated with market trends and always trade responsibly.
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Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions.
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