$MAGIC /USDT ā BULLISH SURGE AFTER CONSOLIDATION! POTENTIAL UPSIDE AHEAD š
Current Price: $0.1553
24h Change: +36.47%
24h High/Low: $0.1817 / $0.1119
Volume Spike: 186.41M MAGIC ā Strong buying interest!
KEY LEVELS:
Support Zones: $0.1400 / $0.1300
Resistance Zones: $0.1700 / $0.1817
Immediate Resistance: $0.1600 ā Now acting as minor support after breakout
TRADE SETUP ā LONG ENTRY
Entry: $0.1530ā$0.1570 (on slight dip or consolidation)
Target 1 (TP1): $0.1700
Target 2 (TP2): $0.1810
Extended Target (TP3): $0.1900 (if momentum continues)
Stop Loss (SL): $0.1390 (below major support)
MARKET OUTLOOK:
$MAGIC has shown a sharp rebound with a breakout from a prolonged downtrend. Volume is supporting the move, signaling strong buyer interest. The short-term trend is bullish as long as price sustains above $0.1400. A break above $0.1817 could trigger further upside.
RISK MANAGEMENT:
Only risk 1-2% of your capital per trade. Stick to SL and avoid FOMO entries. Monitor Bitcoin as overall sentiment may impact altcoin moves.
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