$MAGIC MAGIC/USDT

🔍 Brief Analysis

Current Price: 0.1537 USDT

Previous Highest Price: 0.3036 USDT

Correction touched: 0.0581 USDT

Currently experiencing a sharp rebound, volume is increasing.

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🟢 Ideal Buy Zone (Demand Zone / Support Area)

To buy with low risk and high potential reward, it's best to wait for the price to re-enter the demand zone:

✅ Potential Buy Zone:

0.1095 – 0.1350 USDT

This zone previously served as an accumulation area before the price surge.

There has been noticeable consolidation and sideways movement for quite a while in this range.

Suitable for entry during corrections (buy the dip).

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⚠️ Avoid Entry:

Above 0.19 USDT: Approaching the resistance or supply zone (potential distribution / profit-taking).

When green candles are too high without correction (like now): Risky to buy at the peak.

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📌 Recommended Strategy:

1. Wait for a correction to 0.11 – 0.135, place a limit order.

2. Use DCA (Dollar Cost Averaging) if you want to buy in installments in the range of 0.11–0.14.

3. Gradual take profit targets:

TP1: 0.194 USDT

TP2: 0.212 – 0.263 USDT

TP3: 0.30+ USDT (upper supply zone)

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