#MAGIC Showing Strength After 30% Daily Move
$MAGIC is up 30.31% over the last 24 hours, with the price reaching $0.1832. The move followed a strong breakout from the $0.14–$0.15 range, where price had previously been consolidating. After touching a local high near $0.185, MAGIC is now holding above $0.18, showing signs of short-term strength.
Key technical levels:
Resistance: $0.185
Support: $0.16
Current zone: Watching for either continuation or pullback
The price action remains active. Traders may look for a confirmed breakout or a retest of lower support before the next move while #TOWNS has raised an impressive $25.5 million in Series A funding, led by A16Z 🚀. The protocol aims to provide a decentralized, user-controlled social ecosystem, empowering communities to build and govern their digital town squares.
The TOWNS token enables ownable Spaces which means you have complete control over your digital town squares. Love how TOWNS utilizes on-chain subscriptions; Memberships are secured through ERC-721 NFTs. Just saw that deposits are opened ahead of trading time 2025-08-05, 09:00:00 (UTC+0).
