#MAGIC #Futures #PhanTichKyThuat
🎯 Technical overview MAGICUSDT
Current price: 0.1733 USDT (+9.27%)
Timeframes for analysis: D1 – H4 – H1 – M15
🧠 Multi-timeframe analysis:
🔹 D1 timeframe (Daily) – Major trend leaning down
• MA(7): 0.1757 (price below MA7 → selling pressure)
• MA(25): 0.1880 (strong resistance)
• MA(99): 0.1661 (long-term support)
• RSI: Neutral (47–51)
• MACD: Negative, no reversal signal yet
• Volume: Deeply decreased (55K vs MA5 = 123K)
➡ Assessment: The main trend is still downward. The price is recovering but lacks sustainable momentum.
🔸 H4 timeframe – Lightly overbought, possible correction
• MA(7): 0.1627 (price breaks above → support)
• MA(99): 0.1784 (near resistance)
• RSI(6): 75.87 (short-term overbought)
• MACD: Weak positive (0.0013)
• Volume: Slightly increased (16M vs MA5 = 13M)
➡ Assessment: There is buying pressure but the area is overbought + near resistance → likely to reverse slightly.
🔸 H1 timeframe – Signs of losing momentum
• MA(7) crosses above MA(25) → short-term bullish signal
• RSI(6): 80.9 (strongly overbought)
• MACD: Positive but weak (0.0010)
• Volume: Below average (3.8M < MA5 = 5.2M)
➡ Assessment: The bullish force is weakening, do not FOMO. Prioritize waiting for a correction.
🔹 M15 timeframe – Short-term reversal warning
• RSI(6): 93.07 (extremely overbought)
• MACD: Positive but narrowing
• Volume: Sharply decreased (1.09M < MA5 = 1.49M)
➡ Assessment: Profit-taking pressure may appear at any time.
🎯 MAGIC Futures trading strategy
📉 Prioritize Short scenario (short selling):
• Entry: When the price breaks MA7 on the 15P timeframe at 0.1704 or RSI H1 < 70
• TP: 0.1661 (MA99 Daily – strong support zone)
• SL: 0.1757 (MA7 Daily – short resistance zone)
• Estimated success rate: 65–70% (based on overbought signals and weakening volume)
✅ Trading note:
• Only enter trades when at least 2/4 timeframes agree on the signal
• Closely monitor volume: If it increases sharply during a downtrend, confirm the decline
• Do not open Long unless the price breaks 0.1785 and stays above it for 1H
🔐 Risk management
• Minimum R:R: 1:2
• Risk/order: Do not exceed 3% of total capital
• Do not FOMO when RSI on H1 and M15 is too high
Analysis based on real-time data at the time of writing. Need to update price and volume before executing trades.