$MAGIC – Accumulating around $0.186, waiting for a clear breakout signal

#MAGIC #PhânTíchKỹThuật #ChiếnLượcGiaoDịch

Current price: $0.186406

24h volatility: -0.04889% | 24h High/Low: $0.208455 / $0.183345 

MAGIC is accumulating around the $0.186 level after a slight correction. The medium-term trend remains strong, but a confirmation signal is needed to break through to the next resistance level.

Futures trading strategy

Long Scenario (Buy)

• Entry: Above $0.195

• Stop Loss: $0.180

• Take Profit 1: $0.210

• Take Profit 2: $0.225

Reason: Break through the resistance level of $0.195 with increased trading volume, confirming the short-term uptrend.  

Short Scenario (Sell)

• Entry: Below $0.180

• Stop Loss: $0.190

• Take Profit 1: $0.165

• Take Profit 2: $0.150

Reason: Break through the support level of $0.180 with increased selling pressure, confirming the short-term downtrend.  

Note: Closely monitor important support and resistance levels, combined with trading volume to determine accurate entry signals.