$MAGIC /USDT Bullish Reversal From Oversold Support

MAGIC/USDT is forming a bullish reversal setup after rebounding strongly from the key demand zone at 0.1057 – 0.1094. Buyers are defending this support aggressively, and the price is trying to reclaim the 0.1200 resistance zone, which is the first sign of momentum returning.

A breakout above 0.1300 will confirm strength and open a clear path toward 0.1400 – 0.1600, with extended upside potential toward 0.1700.

🔶 Trade Setup (Long Entry)

Entry Range: 0.1070 – 0.1120

Target 1: 0.1200

Target 2: 0.1300 – 0.1400

Target 3: 0.1500 – 0.1600 – 0.1700

Stop Loss (SL): 0.1020

📉 Short Outlook of the Market

#ProjectCrypto #CPIWatch $MAGIC

MAGICUSDT

Perp

0.1051

-5.05%