$MAGIC /USDT – Potential Rebound Setup:
MAGIC is consolidating near $0.224 after recent volatility, with price holding above its intraday support. A rebound from this zone could lead to short-term upside moves.
Entry: 0.224
Target 1: 0.230
Target 2: 0.236
Target 3: 0.242
Stop-Loss: 0.219
Risk Management: Use 3–5% of portfolio. Shift SL to entry once Target 1 is hit.
Pro Tip: Watch for a break above $0.228 with volume confirmation for stronger momentum towards higher resistance levels.