Here's a technical breakdown of $MAGIC /USDT based on your 4-hour chart data:

🪄 MAGIC (MAGIC/USDT) – 4H Technical Snapshot

📊 Current Price: $0.1385

📈 24h Gain: +108.16% — Massive breakout!

🔍 Key Levels from Your Chart

ZonePrice (USDT)Comment🔺 Resistance0.2014, 0.2200+Likely next test zones if rally continues🔼 Intermediate R0.1766, 0.1959Watch for consolidation or rejection⚖️ Current Zone0.1385Price is in breakout follow-through🔻 Support (minor)0.1200, 0.1050Potential bounce zones on retrace🔻 Key Support0.0900, 0.0800Former range before spike

🧠 Interpretation

Parabolic Move: Price surged over 100%, possibly driven by news, listings, or short squeeze.

Volume Likely Spiked: Such moves often bring in liquidity hunts and late entries.

Next Resistance to Watch:

$0.1766 → $0.2014: Overhead liquidity where sellers may start taking profits.

⚠️ Risk Zones

High Volatility: Pullbacks of 20–30% are common after such rallies.

Breakdown Below $0.1200 could signal exhaustion.

🧭 Trade Plan Concepts

✅ If in Position:

Consider TP zones: $0.1766 / $0.1959 / $0.2200

Trail SL: below $0.1200 or $0.1050 to lock in gains.

🧨 If Looking to Enter:

Wait for pullback entries at:

$0.1200–$0.1050 (first support)

$0.0900–$0.0800 (stronger base)

🔮 Summary

Trend: Short-term parabolic breakout

Next targets: $0.176 → $0.20+

Caution: Entering after +100% moves is risky—wait for consolidation or retrace

Would you like a visual chart or trading zone map for MAGIC?

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