$MAGIC Gaining Steam – Bulls Back in Control 💥
$MAGIC has made a strong rebound to $0.2907, marking a clear return to bullish momentum. After defending the key $0.2660 support level, buyers have stepped in with force — and the uptick in volume reflects renewed market interest. If this momentum holds, a retest of recent highs could be on the horizon.
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🔍 Next Trade Setup
Entry Zone: $0.2850 – $0.2900 (wait for consolidation before entering)
Support: $0.2660
Resistance Levels: $0.2920, $0.3065
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🎯 Targets
• TP1: $0.2920
• TP2: $0.3000
• TP3: $0.3065
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🛡️ Risk Management
• Stop Loss: Below $0.2660
• Risk: 2–3% of your trading capital
• Avoid chasing green candles — wait for a slight pullback for an optimal entry.
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If bulls can hold above $0.2850, $MAGIC could be gearing up for a strong move toward $0.3065 in the near term.
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