1. MAGIC (Treasure)
• Current price: $0.2148
• Resistance: $0.2158 – $0.2929
• Support: $0.1980 – $0.1847
• Technical signal: MAGIC is trading near the important support area of $0.1980. If the price holds above this level, it may open up a new bullish trend.
Trading strategy:
• Futures: Consider opening a Long position when the price exceeds $0.2158. SL: $0.1980 – TP: $0.2929
• Spot: Can accumulate buying around the area of $0.2100 if the price holds above support
Notable news:
• MAGIC has increased by 68% in the past 24 hours, reaching $0.2721, with 10 out of 17 technical indicators signaling a buy.
• Technical analysis shows that MAGIC is trading within a defined channel, with signs of recovery after touching the lower support trend line.
2. EOS
• Current price: $0.6773
• Resistance: $0.6905 – $0.7235
• Support: $0.6576 – $0.6246
• Technical signal: EOS is trading near the important support area of $0.6576. If the price holds above this level, it may open up a new bullish trend.
Trading strategy:
• Futures: Long when the price exceeds $0.6905. SL: $0.6576 – TP: $0.7235
• Spot: Accumulate buying around $0.6700 if the price holds above support
Notable news:
• EOS is showing strong upward momentum on the 4-hour timeframe, surpassing key resistance areas.
• Technical analysis shows that the current support level is around $0.67, previously a key resistance point, indicating a successful breakout.
3. Toncoin (TON)
• Current price: $3.19
• Resistance: $3.23 – $3.60
• Support: $2.77 – $2.50
• Technical signal: TON is trading near the important support area of $2.77. If the price holds above this level, it may open up a new bullish trend.
Trading strategy:
• Futures: Long when the price exceeds $3.23. SL: $2.77 – TP: $3.60
• Spot: Accumulate buying around $3.00 if the price holds above support
Notable news:
• TON is trading in the range of $2.77 to $3.23, with these levels acting as major support and resistance.
• Technical analysis shows buy signals on the daily timeframe, with 13 technical indicators signaling a buy.
Summary of today's strategy
• MAGIC, EOS, and TON are all trading near key support and resistance areas, opening up attractive trading opportunities.
• Investors should closely monitor technical price levels to make appropriate trading decisions.
• Strict risk management and adherence to the proposed trading strategy to optimize profits.
This article contains technical analysis, not investment advice. Please manage risk carefully and only trade when there are confirmation signals.