$MAGIC /USDT

MAGIC/USDT Overview

MetricValueCurrent Price$0.1542 (+6.49%)24h High / Low$0.1802 / $0.141824h Vol (MAGIC)195.81M24h Vol (USDT)$31.28MCategoryGaming (Gainer)MomentumStrong Bullish Push

🔍 Key Technical Levels

LevelTypeNotes$0.141824h Low / SupportShort-term demand zone$0.1802Local ResistanceNeeds breakout confirmation$0.1944Key ResistanceMajor test area$0.2170Long-Term ResistanceBull run zone$0.1271Strong SupportInvalidates bullish bias$0.1045Swing LowHard stop zone if breakdown

✅ Bullish Trade Setup

Entry Zone: $0.1500 – $0.1550

Stop Loss: $0.1405 (tight) or $0.1270 (conservative)

Target 1: $0.1800

Target 2: $0.1940

Target 3 (Swing): $0.2170

Risk/Reward: 1:2.5 to 1:4 depending on stop

🔹 Rationale:

Recent +6.5% move shows buyers are active.

Volumes are significantly above average (195M MAGIC traded).

Holding above 15¢ flips a psychological level to support.

⚠️ Bearish Risks

Rejection below $0.180 and drop under $0.145 could signal bull trap.

If BTC corrects further, small/mid caps like MAGIC may see heavy selling.

A move below $0.127 would invalidate this setup entirely.

🔄 Optional Entry on Breakout

Trigger Buy: Daily close above $0.181

Stop Loss: $0.165

Target: $0.194 → $0.217

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