⚡$MAGIC / USDT Explodes with 28% Surge – Bulls Take Over!
$MAGIC has delivered a stunning rally today, currently trading at $0.2013, up +28.30% in the last 24 hours. On the 4H chart, the token broke out from consolidation with strong momentum, reaching a daily high of $0.2230 before a slight pullback.
🔍 Key Highlights:
24H High: $0.2230
24H Low: $0.1509
Current Price: $0.2013
24H Volume: 446.76M MAGIC
7D Growth: +67.78%
30D Growth: +56.57%
90D Growth: +166.18%
180D & 1Y: Still negative, indicating this could be an early reversal phase if sustained
Today’s price action formed a large bullish breakout candle, pushing past multiple resistances, with slight profit-taking seen at the top wick. If bulls regain control above $0.2100, the next targets lie around $0.2300-$0.2500.
💡 Trading Insight:
Watch for consolidation above $0.2000 to confirm trend continuation. A rejection here could lead to a quick retest of $0.1800-$0.1850 support zones before the next leg up.
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✍ What are your thoughts on MAGIC’s explosive rally? Are you entering this trend or waiting for a retracement? Share your positions below.