Today, MAGIC/USDT delivered an explosive +30.14% pump, breaking through key resistance and attracting heavy volume on Binance.
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๐ Quick Highlights:
๐ Current Price: $0.1563
๐ผ 24h High: $0.1758
๐ฝ 24h Low: $0.1178
๐ธ Volume: Over 189M MAGIC traded in 24 hours
๐ 7-Day Trend: +22.97%, showing solid upward momentum
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๐ What the Chart Says:
The price surged from $0.12 to $0.17 in one sharp breakout before slightly cooling off. Current movement on the 15-minute chart shows consolidation just below the AVL line (~$0.1568), suggesting a possible bullish continuation if support holds near $0.1515.
Key Zones to Watch:
Support: $0.150โ$0.153
Resistance: $0.164โ$0.175
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๐ฏ Trade Setup (For Short-Term Traders):
> If it dips to around $0.153, that could offer a strong re-entry opportunity.
โ Entry: $0.1530
๐ Target (TP): $0.1650โ$0.1700
๐ Stop Loss: $0.1490
Using an OCO order here could help secure gains while managing downside risk.
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๐ฎ Final Thoughts:
With high volume, increasing trader interest, and strong technical support, MAGIC is showing signs of the next leg up โ but short-term caution is advised due to overbought conditions. Keep your eye on key levels and always trade with a plan!
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๐ฌ Are you already holding MAGIC?
๐ข Drop your targets and letโs talk strategy in the comments.
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