$MAGIC
Based on your request, an analysis of the Magic currency..
In the last rise, the currency faced strong rejection at the 0.25-0.28 area.. and began a downward continuation..
Firstly.. the currency reached a rebound area at 0.1134 from which we could see a strong rebound up to 0.18.
If this does not happen, the last area for the currency to rebound is 0.0730. God willing, it does not lose this and makes a bullish rebound from it, but I expect the rebound to be from 0.1134..
If the currency continues to rise, its logical targets are
0.368
0.453
0.5440
But the most important thing is not to lose 0.0730, otherwise, we will head towards free fall and exit the currency immediately..
Leave me a comment whether you are a trader or an investor so I can give you more detailed and accurate information about the upcoming movements, God willing..
Because this analysis is investment-based and it may take weeks to materialize..
