$MAGIC /USDT – BULLISH BREAKOUT ON THE HORIZON
CURRENT PRICE: $0.1688 (+40.55%)
TECHNICAL ANALYSIS:
MAGIC/USDT has shown strong bullish momentum, bouncing back from the 24h low of $0.1178 to trade at $0.1688. The chart structure suggests an upward breakout is brewing.
KEY LEVELS:
Resistance Levels:
$0.1750 – Immediate resistance
$0.1800 – Major breakout zone
Support Levels:
$0.1630 – Minor pullback support
$0.1570 – Key bullish invalidation level
TRADE SETUP – LONG POSITION IDEA:
Entry: $0.1685 – $0.1700
Take Profits (TP):
TP1: $0.1750
TP2: $0.1800
TP3: $0.1880
Stop Loss (SL): $0.1570
RISK MANAGEMENT:
Use no more than 2-3% of your capital per trade. Stick to your SL to protect against unexpected dumps. Let winners run but cut losers fast.
#MAGIC #CryptoTrading #TechnicalAnalysis #Bullish #Binance #AltcoinSeason #RiskManagement #Write2Earn $MAGIC