$MAGIC
– Sharp Bullish Reversal! 🚀🔥
is trading at 0.2814 (+4.73%) after breaking out strongly from its recent consolidation range. The powerful green candle reflects a surge in buying pressure, reclaiming key levels and hinting at further upside if momentum holds.
Key Levels
• Resistance: 0.2850 – 0.2900
• Support: 0.2750 – 0.2680
Trade Setup
• Entry Zone: 0.2760 – 0.2800
• Stop Loss: 0.2680
🎯 TP1: 0.2850
🎯 TP2: 0.2900
🎯 TP3: 0.2970
Market Insight
The strong rebound from the 0.2550 lows, backed by high volume, signals a potential reversal in play. Sustained strength above 0.2750 could pave the way for a move toward the 0.3000 psychological resistance in the short term.