Here's a technical overview and trade insight for $MAGIC

/TRY,

📊 MAGIC/TRY Market Snapshot

Current Price: ₺7.56

USD Equivalent: ~$0.1881

24h Change: +1.34% 🟢

24h High / Low: ₺8.15 / ₺7.40

24h Volume:

MAGIC: 23.28M

TRY: ₺178.23M

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📈 Trend & Volume Analysis

Metric Value Interpretation

MA(5) 384,033.2 Short-term average above price — slight downward pressure

MA(10) 581,434.1 Longer MA declining — overall sideways/bearish pressure

Volume 242,501.7 Moderate — no breakout confirmation yet

Interpretation:

MAGIC is recovering off a ₺7.40 low, but hasn't regained breakout strength

It’s consolidating between ₺7.50–₺8.15, with resistance above

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🔍 Key Technical Levels

Type Price (₺) Description

🔼 Resistance 1 8.15 24h High

🔼 Resistance 2 8.22 Depth chart ceiling

🔽 Support 1 7.40 24h Low

🔽 Support 2 7.05 Near demand zone

🔽 Support 3 6.82 Stronger historical support

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🧭 Trade Setup Ideas

Strategy Entry Range Target Price Stop-Loss

Breakout Buy >₺8.15 ₺8.50 – ₺8.90 ₺7.90

Range Buy ₺7.40 – ₺7.50 ₺7.90 – ₺8.10 ₺7.10

Cautious Long Now (₺7.56 area) ₺7.90 – ₺8.15 ₺7.25

⚠️ No volume spike suggests this move is not yet momentum-driven. Consider waiting for confirmation above ₺8.15 or buy dips near ₺7.40.

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📌 Summary

MAGIC/TRY is showing mild bullish recovery, but no strong breakout yet

Market is in range-bound mode, leaning slightly bullish

Best strategy: Accumulate on dips, or wait for a clear breakout above ₺8.15 with volume

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Would you like to see this analyzed alongside other low-cap altcoins like SPELL, RARE, or REZ for potential rotation plays?

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