$MAGIC /USDT TECHNICAL ANALYSIS: EXPLOSIVE 30% RALLY — VOLATILITY SURGES IN GAMING TOKEN
$MAGIC is trading at $0.1511, soaring +30.37% in the last 24 hours. The gaming token spiked from a low of $0.1119 to a high of $0.1817, reflecting massive trading volume and renewed bullish sentiment.
📊 Key Technical Levels:
24H High: $0.1817 – Major resistance
24H Low: $0.1119 – Strong rebound zone
Volume: 192.64M MAGIC / 29.31M USDT
Current Resistance Zone: $0.1706 – $0.1817
Support Zone: $0.1418 – $0.1274
Outlook:
A push above $0.1817 could open the gates toward $0.2000+, but traders should watch for volatility and potential retracement toward $0.1400 if rejected.
Conclusion:
$MAGIC is on fire, driven by gaming hype and strong volume. Perfect setup for momentum traders — breakout continuation or dip buy both in play depending on the next candle structure.
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