$MAGIC
/USDT Technical Analysis
Trade Signal: Bullish Momentum
Current price: $0.4867 (+17.67% in 24h).
RSI indicates overbought zone but with strong upward momentum.
MACD shows bullish crossover, confirming a potential rally continuation.
Price remains above key support of $0.4700; strong resistance lies around $0.4900.
Trade Levels:
Entry Zone: $0.4700 - $0.4800 (pullbacks offer good opportunities).
šÆ Targets:
1. Target 1: $0.5000
2. Target 2: $0.5250
3. Target 3: $0.5500
Stop-Loss: $0.4550 (below the previous key support).
Momentum: Strong bullish breakout supported by increasing trading volume and market sentiment in the gaming/metaverse sector. Ensure proper risk management.
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