$MAGIC UPWARD MOMENTUM 🚀 🚀
📊 Technical & Chart Overview
Support Zone: $0.1430–$0.1460 – prior consolidation zone and recent bounce area
Resistance Levels: $0.1550 (short-term), then $0.1625–$0.1700 (medium-term target range)
Indicators:
RSI: ~42 – near oversold, bounce potential increasing
MACD: Bearish, but flattening – momentum likely to flip
MAs: Price trading below 20EMA on 4H; reclaim could signal upside reversal
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🎯 Short-Term Trading Strategy: Buy the Dip
📍 Entry Zone: $0.1430–$0.1460 (accumulate across zone)
🛑 Stop-Loss: Below $0.1410 (clear invalidation)
🎯 Targets:
TP1: $0.1550
TP2: $0.1625–$0.1700 (swing resistance levels)
Smart Money Technique: Enter at support zone with staggered buys. If volume >$8M and price breaks $0.1550, scale into strength and trail stop below breakout.
📊 Technical & Chart Overview
Support Zone: $0.1430–$0.1460 – prior consolidation zone and recent bounce area
Resistance Levels: $0.1550 (short-term), then $0.1625–$0.1700 (medium-term target range)
Indicators:
RSI: ~42 – near oversold, bounce potential increasing
MACD: Bearish, but flattening – momentum likely to flip
MAs: Price trading below 20EMA on 4H; reclaim could signal upside reversal
---
🎯 Short-Term Trading Strategy: Buy the Dip
📍 Entry Zone: $0.1430–$0.1460 (accumulate across zone)
🛑 Stop-Loss: Below $0.1410 (clear invalidation)
🎯 Targets:
TP1: $0.1550
TP2: $0.1625–$0.1700 (swing resistance levels)
Smart Money Technique: Enter at support zone with staggered buys. If volume >$8M and price breaks $0.1550, scale into strength and trail stop below breakout.
🛑 Disclaimer
This is not financial advice. The information provided is for educational purposes only. Always do your own research (DYOR), use stop-losses, and trade responsibly in volatile crypto markets.
