Technical Analysis & Trade Signal for $MAGIC
/USDT**
- **Current Price**: $0.1557 (-0.70%)
- **Trend**: Short-term downtrend (below 24h high of $0.1802).
- **Key Levels**:
- **Resistance**: $0.1588, $0.1629, $0.1669
- **Support**: $0.1517 (24h low: $0.1403).
**Trade Signal**: **SELL** (Weak momentum, price below mid-range).
**Targets (TP)**:
1. ๐ฏ $0.1517 (Nearest support).
2. ๐ฏ $0.1480 (Intermediate level).
3. ๐ฏ $0.1403 (24h low, strong support).
**Stop Loss (SL)**: $0.1588 (above immediate resistance).
**Momentum**: Weak (Volatility contraction, low bullish reversal signs).
