$MAGIC Strong Breakout
Price Movement:
$MAGIC surged from $0.1852 to $0.2393, a +18.7% move, with solid volume and bulls in control. The current price is $0.2342, holding steady.
Key Levels:
Breakout Level: $0.206
High of the Day: $0.2393
Current Price: $0.2342
Support: $0.2200-$0.2250 (potential entry zone)
Market Outlook:
If MAGIC stays above $0.2200, next targets could be $0.2500 and $0.2700. A small pullback might offer a new entry opportunity.
Trading Strategy:
Monitor for continuation, with potential entries near $0.2200-$0.2250. Momentum is strong, and further upside is likely.