#EthereumTurns10 Here's a professional technical analysis post for Binance on the MAGIC/USDT pair, including 3 target levels 🎯 with explanations:

📊 $MAGIC

/USDT – Technical Analysis (August 2, 2025)

Price: $0.2031 | Change (24h): +44.45% 🚀

RSI (6): 76.25 – Overbought

🔍 Analysis Overview:

MAGIC is showing a strong bullish breakout, rising over 44% in 24 hours. Volume has surged to $39.53M, indicating high market interest. The price touched a high of $0.2069, confirming momentum strength. However, RSI indicates overbought conditions, hinting at a potential short-term pullback or consolidation before continuation.

🎯 Upside Targets:

Target 1: $0.2200

Psychological resistance & minor horizontal level

A short-term target if bullish momentum continues through $0.2069

Target 2: $0.2450

Resistance from April swing highs

Breakout above this could confirm a medium-term uptrend

Target 3: $0.2850

Major resistance zone from Q1 2025

Break of this level opens potential for a trend reversal into long-term bullish structure

🧠 Key Notes:

Support Zone: $0.1750 – $0.1800 (watch for pullback buys)

Watch RSI & Volume: Sustained buying and cooling RSI can validate the next leg up

Gaming Narrative: As a gaming-token, MAGIC may benefit from sector trends and GameFi hype cycles

📌 Conclusion:

MAGIC is in a strong breakout phase, supported by volume and sentiment. While overbought conditions suggest caution, price structure favors further upside if it holds above $0.2000. Eyes on the three target levels as key resistance zones. ⚔️

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