Is $MAGIC poised for a rise or will it dip further?
Can $MAGIC Hold Above 2100?
$MAGIC is trading around 2107, testing support levels with a chance for recovery if it holds strong.
Trade Setup:
Support: 2000 / 1950
Resistance: 2150 / 2200
Entry Zone: 2100 – 2120
Targets:
T1: 2150
T2: 2200
T3: 2300
Stop Loss: 1900
Consider entering near support and look for upward momentum.