Recommended Trade Setup (Short-Term Scalping / Swing)

ParameterLevel (USD)Entry$0.217–$0.220 (current zone)Stop-Loss (SL)$0.203 (just below daily support zone)Take Profit 1 (TP1)$0.230 (near minor resistance)TP2$0.240–$0.245 (higher resistance zone)TP3$0.260 (ambitious but possible with momentum)

Why buy here?

Price ne recovery dikhaaye hai from its all-time low, showing bullish interest.

Strong support around $0.203 gives a decent risk buffer.

A 5–10% rally to TP1–TP2 is plausible if overall crypto sentiment improves or Treasure ecosystem news is favorable.

MAGIC token ke utility (GameFi, NFT staking, metaverse use) fundamentals moderate hain CoinbaseKuCoinBitDegree.

Risk-Reward:

SL risk ≈ 7–8 cents (–3.5% approx).

TP1 gain ≈ 1–2 cents (≈ 3–5% upside).

TP2 gain 9–10 cents (~5–10%).

TP3 gain 4+ cents (~15–18%), riskier but higher reward.

Summary

Entry: $0.217–$0.220

Stop-Loss: $0.203 (close below key support)

Take Profits:

TP1: $0.230

TP2: $0.240–$0.245

TP3: $0.260 (high-risk target)

Reasoning: Recovery phase, good support, plausible upside if market sentiment shifts позитивely, and moderate project fundamentals.