$MAGIC /USDT BULLISH BREAKOUT ABOVE KEY LEVEL
MAGIC is showing strong bullish momentum, currently trading at $0.2389 (+42.20%), after a powerful breakout above the resistance zone, confirming a bullish reversal.
š¹ Key Levels:
Resistance: $0.2470 ā $0.2500
Support: $0.2250 & $0.2090
Current Price: $0.2389
Trade Setup (LONG):
Entry: $0.2380 ā $0.2400 ā
Take Profit (TP):
TP1: $0.2500
TP2: $0.2650
TP3: $0.2800
Stop Loss (SL): $0.2250 ā
š Technical Insight:
High volume surge and bullish engulfing candle on higher timeframes confirm upside continuation. Breakout above $0.2300 shows strength from buyers. RSI remains healthy, not overbought yet.
ā ļø Risk Management:
Use 2ā3% of your capital only. Always place SL, and trail profits as TP1 is hit to secure gains. Stay alert on volume drops or fakeouts.
#MAGIC #Crypto #Trading #Altcoins #BullishSetup #Write2Earn $MAGIC
