$MAGIC Eruption 42% Skyrocket Sets the Stage for More.....
$MAGIC /USDT just unleashed a massive vertical rally, soaring +42.21% in a single 4H breakout. Price blasted through previous resistance zones with strong volume, now stabilizing near $0.1688. This type of momentum often leads to continuation after a brief consolidation.
Long Trade Setup:
• Entry Zone: 0.1670 – 0.1700
• Stop Loss: Below 0.1600
• Target 1: 0.1775 (Previous high)
• Target 2: 0.1840
• Target 3: 0.1925
Market Insight:
MAGIC has broken out of a long consolidation range and flipped the structure bullish. A minor pullback into the $0.167 area with support confirmation could offer an ideal entry before the next impulse wave.
MAGIC
0.171
+44.18%