$MAGIC Explosive Bullish Breakout! š„
$MAGIC is trading at 0.2422, up a sharp +12.18% in the last 24H, breaking through resistance with a massive bullish candle on strong volume. This surge signals aggressive buyer entry, with momentum likely to continue if price holds above the breakout zone. A sustained move above 0.2430 could open doors to further upside targets.
Support and Resistance
ā¢ Resistance: 0.2430
ā¢ Support: 0.2350
Trade Setup
ā¢ Entry Zone: 0.2400 ā 0.2420
ā¢ Stop Loss: 0.2350
šÆ TP1: 0.2450
šÆ TP2: 0.2500
šÆ TP3: 0.2580
Market Insight
The strong breakout from consolidation backed by high volume confirms bullish strength in $MAGIC. Momentum traders could look for quick scalps or short-term swing entries, as market sentiment remains positive and FOMO could drive rapid price expansion toward the upper targets.
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