$MAGIC showing good pump. The ground work is there for a higher climb. Will it go higher?
Bullish Bias (80% Bullish / 20% Bearish)
Ideal Buy Zones
Safe (Low-Risk): $0.180–$0.185 (just above the 25 EMA on 4 h)
Moderately Safe: $0.185–$0.195
Risky (Aggressive): $0.195–$0.200
Ideal Sell Zones
Safe (Lock 1/3): $0.205–$0.210
Moderate (Lock 2/3): $0.210–$0.220
Risku (Final Pie): $0.220–$0.230
Stop-Loss Levels
Tight Stop: Below $0.175 (under the 99 EMA on 4 h)
Flexible Stop: Below $0.165 (break of 0.170 support)
Those who’d like the full explanation and technical backdrop can continue reading below.
Full Analysi
Trend & Momentum
4 h EMAs: 7 > 25 > 99 — strong bullish alignment with price riding the 7 EMA (~0.1815).
MACD (4 h): Bullish crossover; histogram bars turning green and rising.
RSI (6): ~77 — overbought but supportive of momentum continuation on high-volume break.
Key Levels
Support:
$0.170 (prior consolidation base)
$0.138 (swing low)
Resistance:
$0.205 (recent swing high)
$0.223 (all-time high on 4 h)
Volume & Order-Book
Volume Surge: 52 M vs. MA10 of 21 M on 4 h — confirms strong buyer conviction.
Depth: Bids ~76% vs. Asks ~24% at $0.1989 — skewed buy-side support.
Trade Plan
Entries: Scale in across buy zones; start light at the safe zone, add on confirmation through mid-zone, top off near the risky zone.
Exits: Take profits incrementally in the three sell zones.
Risk Management:
Tight stops under $0.175 guard against false breakouts.
Flexible stops under $0.165 for deeper retracements while preserving core position.
Strong 4 h bullish alignment and major volume confirm the up-leg—but RSI overextension and proximity to all-time high suggest careful scaling and disciplined stops.
DYOR and Inshaallah we will make profitss.
