🚀 $MAGIC /USDT Explodes with 79.85% Daily Gain – What’s Behind the Surge?
Exchange: Binance | Pair: MAGIC/USDT | Current Price: $0.2151
24h Performance: +79.85% 🔥
MAGIC has seen a massive price breakout, currently trading at $0.2151, after dipping as low as $0.1194 earlier in the day. This incredible rally has pushed the price to a 24h high of $0.2230, with 484.19 million MAGIC tokens traded in the last 24 hours, representing a USDT trading volume of $83.02 million.
📊 Key Technical Levels:
24h Low: $0.1194
24h High: $0.2230
Current Support Zones: $0.1820 → $0.1588 → $0.1357
Resistance Zones: $0.2230 → $0.2283
📈 Market Insight:
The chart is flashing bullish momentum across multiple timeframes (15m, 1h, 4h). Strong buying pressure and rising volume hint at sustained interest, likely fueled by ecosystem developments, speculative demand, or recent bullish news.
If the price holds above the $0.2051 level, it could retest $0.2283 or even push toward $0.24 in the short term. However, volatility is high, so risk management remains crucial.
🧠 Pro Tip: For scalpers and intraday traders, monitor price behavior near $0.2230. A break and hold above this could signal further upside, while rejection may lead to a pullback toward the $0.1820–$0.1588 range.
Buy and trade here on $MAGIC