Here's a technical breakdown of the $MAGIC /USDT pair based on the data you provided (as of 2025-08-05 01:00):

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๐Ÿ”น Current Price:

$0.2494 (Rs70.69)

Change: +24.76% in 24h

Volume: 31.13M

24h Range: $0.1957 โ€“ $0.2981

Exchange: Binance

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๐Ÿ”น Moving Averages:

Type Value Trend

MA(5) 13.17M โฌ† Increasing volume

MA(10) 10.67M โฌ† Increasing volume

MA(7) $0.2673 โฌ‡ Price is below MA(7) (short-term resistance)

MA(25) $0.2429 โฌ† Price is above MA(25) (bullish)

MA(99) $0.1876 โฌ† Price well above MA(99) โ€“ long-term bullish

$MAGIC

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๐Ÿ”น MACD & Momentum:

MACD likely showing bullish crossover, as the price recently spiked.

Volume spike indicates strong buying interest, especially after breaking $0.20.

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๐Ÿ”น Support & Resistance:

Type Level

Immediate Resistance $0.2673 (MA7) and then $0.2981 (24h high)

Immediate Support $0.2429 (MA25), then $0.2181 and $0.1957

$MAGIC

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๐Ÿ”น Performance Over Time:

Period % Change

7 Days +64.54%

30 Days +112.43%

90 Days +55.13%

1 Day +24.76%

๐Ÿ“ˆ Very strong recent performance, especially in the last 30 days.

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๐Ÿ”น Conclusion:

Bullish Trend in short and mid-term.

Price might test $0.2673 and $0.2981 soon if momentum continues.

If rejected, potential pullback to $0.2429 or even $0.2181.

Volume confirms strength; MACD and MA indicators support continuation if resistance levels break.

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