$MAGIC /USDT – 4H Trade Setup

Market Insight:

$MAGIC has surged +27.37% in the past 24 hours, currently trading at $0.2555 after hitting a high of $0.2981. The move shows strong bullish momentum, likely driven by high volume (361M MAGIC), signaling speculative interest and possibly FOMO-driven activity.

Entry Zone:

$0.2350 – $0.2550

(Look for entries on retracements toward previous support or EMA levels)

Targets:

$0.2750 – Minor resistance / recovery level

$0.2980 – Local high / liquidity zone

$0.3280 – Measured move target if breakout sustains

Stop Loss:

$0.2140

(Below key structure and 4H breakout base)

Key Levels:

Support: $0.2350 / $0.2210 / $0.1978

Resistance: $0.2750 / $0.2980 / $0.3280

Pivot: $0.2555

Pro Tip:

Volume spikes and rapid price moves often retrace partially. For a safer entry, wait for a pullback near the $0.235–0.245 region with declining volume before re-accumulation. Use trailing stops if re-entering near highs.

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