\$MAGIC – Strong Bullish Turnaround! 🚀🔥
Currently at 0.2814 (+4.73%), \$MAGIC has broken out sharply from its consolidation phase. The large bullish candle reflects heavy buying interest, reclaiming important price zones and hinting at further upside if the momentum continues.
**Key Price Zones**
* **Resistance:** 0.2850 – 0.2900
* **Support:** 0.2750 – 0.2680
**Trade Plan**
* **Buy Range:** 0.2760 – 0.2800
* **Stop Loss:** 0.2680
* 🎯 **Target 1:** 0.2850
* 🎯 **Target 2:** 0.2900
* 🎯 **Target 3:** 0.2970
**Market Outlook**
The rebound from the 0.2550 low, accompanied by strong volume, points toward a trend reversal. Sustained bullish strength above 0.2750 could open the path toward the 0.3000 psychological barrier in the near term.