$MAGIC BULLISH EXPLOSION – STRONG MOMENTUM IN PLAY
Current Price: $0.2056
24h Gain: +70.32%
Timeframe Analyzed: 1H & 4H
KEY LEVELS TO WATCH:
Resistance Levels:
$0.2230 – 24H High
$0.2300 – Key Breakout Target
$0.2500 – Next Bullish Extension
Support Levels:
$0.2000 – Immediate Support
$0.1900 – Major Support / Pullback Zone
$0.1740 – Last Bullish Defense
TRADE SETUP – LONG ENTRY
Entry Zone: $0.2000 – $0.2050 (Buy the dip)
Breakout Entry: Above $0.2230 (High breakout confirmation)
Targets (TP):
TP1: $0.2300
TP2: $0.2500
TP3: $0.2750
Stop Loss (SL): $0.1880 (below strong support zone)
Trade Rationale:
MAGIC is one of the top gainers, surging from $0.12 to above $0.20 with massive volume. A clean breakout above $0.2230 will likely trigger another wave up. Strong trend structure with bullish continuation pattern forming
RISK MANAGEMENT
Risk 1-2% max per trade
Stick to SL/TP plans
Use 2:1 or better R:R ratio for every entry
Momentum favors the bold — but smart traders manage risk!
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