$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.

---

✍ What are your thoughts on MAGIC’s explosive rally? Are you entering this trend or waiting for a retracement? Share your positions below.