Here's a technical breakdown of $MAGIC /USDT based on your 4-hour chart data:

๐Ÿช„ MAGIC (MAGIC/USDT) โ€“ 4H Technical Snapshot

๐Ÿ“Š Current Price: $0.1385

๐Ÿ“ˆ 24h Gain: +108.16% โ€” Massive breakout!

๐Ÿ” Key Levels from Your Chart

ZonePrice (USDT)Comment๐Ÿ”บ Resistance0.2014, 0.2200+Likely next test zones if rally continues๐Ÿ”ผ Intermediate R0.1766, 0.1959Watch for consolidation or rejectionโš–๏ธ Current Zone0.1385Price is in breakout follow-through๐Ÿ”ป Support (minor)0.1200, 0.1050Potential bounce zones on retrace๐Ÿ”ป Key Support0.0900, 0.0800Former range before spike

๐Ÿง  Interpretation

Parabolic Move: Price surged over 100%, possibly driven by news, listings, or short squeeze.

Volume Likely Spiked: Such moves often bring in liquidity hunts and late entries.

Next Resistance to Watch:

$0.1766 โ†’ $0.2014: Overhead liquidity where sellers may start taking profits.

โš ๏ธ Risk Zones

High Volatility: Pullbacks of 20โ€“30% are common after such rallies.

Breakdown Below $0.1200 could signal exhaustion.

๐Ÿงญ Trade Plan Concepts

โœ… If in Position:

Consider TP zones: $0.1766 / $0.1959 / $0.2200

Trail SL: below $0.1200 or $0.1050 to lock in gains.

๐Ÿงจ If Looking to Enter:

Wait for pullback entries at:

$0.1200โ€“$0.1050 (first support)

$0.0900โ€“$0.0800 (stronger base)

๐Ÿ”ฎ Summary

Trend: Short-term parabolic breakout

Next targets: $0.176 โ†’ $0.20+

Caution: Entering after +100% moves is riskyโ€”wait for consolidation or retrace

Would you like a visual chart or trading zone map for MAGIC?

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