$MAGIC /TRY – 4H Trade Setup

Market Insight:

$MAGIC /TRY is experiencing a sharp surge of +42.73%, with strong volume support. It broke above short-term resistances with a spike in buying pressure, likely fueled by gaming sector hype or positive news. Volume at 6.25M significantly exceeds MA(5) and MA(10), indicating active momentum.

Entry Zone:

🔹 7.60 – 8.10 TRY

(Wait for a pullback or retest to this zone for better risk-reward.)

Targets:

🎯 Target 1: 8.60 TRY

🎯 Target 2: 9.20 TRY

🎯 Target 3: 9.90 TRY

Stop Loss:

🔻 6.95 TRY

(Just below recent structure and under key MA zones.)

Key Levels:

Support: 7.75 / 7.18 / 6.62 TRY

Resistance: 8.32 / 8.60 / 9.20 TRY

Pivot Point: 8.10 TRY

Pro Tip:

If you missed the breakout, don't chase. Look for a pullback to the 7.75–8.10 support zone. Watch for consolidation near resistance (8.32+) — if it holds, this may trigger the next leg up.

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