MAGIC has broken to the upside after consolidating around the $0.1420 level. With a strong +13.11% price move, the asset is now aiming for its previous high at $0.1817.
$MAGIC
📉 Support Zones
$0.1420 – Recent consolidation zone, now key support.
$0.1270 – Lower support range, tested during the previous dip
$0.1097 – Panic wick support from earlier in the month
📈 Resistance Levels
$0.1670 – Immediate resistance, current high
$0.1817 – Major resistance, previous high and breakout point
$0.1853 – Extended resistance zone if price breaks above $0.1817
$MAGIC
📊 Indicators
RSI (6): 72.79 — Overbought but still room for momentum continuation
MACD: Bullish, with MACD above the signal line, supporting further upside
KDJ: K line is high at 75.41, indicating momentum is strong but watch for potential overbought conditions
🔍 Summary
MAGIC is in a strong bullish trend, having broken past key resistance
Immediate focus is on $0.1670 and $0.1817 as next targets
RSI and KDJ indicate bullish continuation but caution with overbought conditions
If price holds above $0.1420, further upside is possible towards $0.18+ levels
$MAGIC
⚠️ DYOR – Do Your Own Research. This is not financial advice. Crypto markets are volatile — always manage your risk.