📍#MAGIC Technical Analysis (2025/07/09)

MAGIC just made a parabolic breakout and maintains strong bullish momentum—buy dips with tight risk control!

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#MAGIC 【1D】

Trend: Small Bullish – daily sits above EMA9/21 and reclaimed R1 at 0.1693, momentum remains strong.

🔹 Long:

🛑 SL: 0.1370 (below EMA21)

🟢 Add: 0.1395 (Pivot, triggered), 0.1370 (EMA21, triggered), 0.2210 (EMA200, untriggered)

🚀 Breakout Entry: 0.1693 (R1, triggered)

🎯 TP: 0.2115 (R2), 0.2413 (R3)

#MAGIC #MAGIC rend: Small Bullish – 4h cleared R3 (0.1481) and holds above EMA9/21/200, clear short-term uptrend.

🔹 Long:

🛑 SL: 0.1521 (below EMA21)

🟢 Add: 0.1621 (EMA9, triggered), 0.1521 (EMA21, triggered), 0.1279 (Pivot, triggered)

🚀 Breakout Entry: 0.1693 (daily R1)

🎯 TP: 0.2115 (daily R2), 0.2413 (daily R3)

#MAGIC 【1H】

T#MAGIC mall Bullish – 1h trading above EMA9/21 after VWAP retest, momentum heating up.

🔹 Long:

🛑 SL: 0.1590 (below EMA21)

🟢 Add: 0.1750 (VWAP, triggered), 0.1695 (EMA9, triggered), 0.1590 (EMA21, triggered)

🚀 Breakout Entry: 0.1693 (daily R1, triggered)

🎯 TP: 0.2115 (daily R2), 0.2413 (daily R3)

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【#MAGIC Strategy Summa#MAGIC commendations:

1. Daily confirms bullish—keep longs, SL at 0.1370; scale in at 0.1395–0.1370.

2. 4h momentum strong—add on pullbacks to 0.1621–0.1521.

3. 1h trend ongoing—buy dips to 0.1695–0.1590, SL at 0.1590.

4. Enforce scaled entries and stops; avoid chasing highs.

5. Watch 0.2115 and 0.2413 overhead—breakout extends the rally.