📍#MAGIC Technical Analysis (2025/07/09 Evening)
MAGIC has erupted today! Jumping from 0.12 to above 0.20, the short-term pullback presents a good opportunity for positioning, follow the support range to go long.
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#MAGIC 【1h】
Trend: Slight Bullish
Brief Analysis: After a large bullish candle in the 1-hour level, currently testing from VWAP (0.1938), if it holds above VWAP and returns to the BB middle band (0.1792), it can continue to go long; if it fails, pay attention to the support at 0.179.
🔹 Long Position Information:
🛑 Stop Loss: 0.185
🟢 Add Long: 0.1938 (VWAP, already touched), 0.1792 (BB middle band)
🚀 Breakout Follow Long: 0.210
🎯 Take Profit: 0.225, 0.245, 0.265
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#MAGIC #MAGIC Trend: Medium Bullish
Brief Analysis: The 4-hour has strongly broken through EMA21 (0.1728) and EMA50 (0.1506), and has stood above the BB upper band, pullbacks in the 0.178–0.1728 range are quality add points.
🔹 Long Position Information:
🛑 Stop Loss: 0.165
🟢 Add Long: 0.178 (EMA8), 0.1728 (EMA21, not yet touched)
🚀 Breakout Follow Long: 0.206 (previous high/BB upper band)
🎯 Take Profit: 0.225, 0.245, 0.265
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【12h】
Trend: Strong Bullish
Brief Analysis: The 12-hour level has broken through the downward trend line and EMA200 with a large bullish candle, momentum is strong, but RSI is above 75, a short-term pullback may test the 0.165–0.170 trend line support.
🔹 Long Position Information:
🛑 Stop Loss: 0.150
🟢 Add Long: 0.175 (EMA21), 0.165 (trend line support)
🚀 Breakout Follow Long: 0.230 (historical high)
🎯 Take Profit: 0.260, 0.300, 0.350
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【 Strategy Summary 】
Operational Suggestions:
1. Small long near 1H VWAP (0.1938), SL 0.185, target 0.225/0.245.
2. 4H add position on pullback to 0.178–0.1728, SL 0.165, observe opportunities for further attack above 0.225.
3. If the 12H drops to 0.175, consider it a medium to long-term positioning area, SL 0.150, targeting above 0.260.
4. If the 4H or 1H fails to hold 0.165, pause long positions and monitor for consolidation or trend reversal.
5. Strictly control single trade risk at 2%, adjust stop loss and take profit in real time.
