$MAGIC /USDT: Bounce in Action — Can Bulls Regain Control?
$MAGIC just bounced strongly off the support zone near $0.22 and is now testing a minor resistance at $0.2300. A breakout above this level could confirm a short-term trend reversal and open the gates for higher targets.
Momentum is building, and the structure shows a clean higher low formation — a possible shift in sentiment.
Trade Setup – LONG POSITION
Entry: $0.2295 – $0.2300
Stop Loss: $0.2253
Target 1: $0.2350
Target 2: $0.2395
Target 3: $0.2423
If bulls push past $0.2300, this move could accelerate fast. A breakout from here may bring back the magic in $MAGIC.