$MAGIC /USDT Trade Setup

Market Insight:

$MAGIC has surged +83.65% in the past 24 hours with significant volume ($69.89M USDT), indicating strong bullish momentum. The price has broken major resistance zones and is now in a potential continuation phase or preparing for consolidation.

🔹 Entry:

Ideal Buy Zone: $0.202 – $0.212

(Wait for a slight retracement to enter closer to support.)

🎯 Targets:

Target 1: $0.235

Target 2: $0.255

Target 3: $0.278

🛑 Stop Loss:

$0.188 (below short-term support to limit downside risk)

🔑 Key Levels:

Support: $0.2022 / $0.1798

Resistance: $0.2246 / $0.235

Pivot Zone: $0.2190

💡 Pro Tip:

After such a strong pump, avoid chasing the green candles. Instead, look for consolidation near $0.20–$0.21 with volume drying up before re-entry. Consider partial profits at each target due to elevated volatility.

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