Treasure (MAGIC) catch the analysis!
24-hour trading volume: $133.7 million
Market capitalization: approximately $91 million
Technical assessment (Investing.com): "Strong Buy" based on moving averages and technical indicators; RSI = 81.37 (overbought), MACD – Buy
Pattern and forecast (CCN, August 5, 2025): breakout from a descending wedge, growth of 65% over the week, short-term targets — $0.35 and $0.70 while maintaining momentum
Trading plan
Stage Level / Condition What to do
Entry Consolidation above $0.30 Enter partially, confirming growth
Stop-loss Break below $0.27 Fix the drawdown (lock in the loss)
Target 1 $0.35 First stage of profit-taking
Target 2 $0.42–$0.45 Second stage, with strong momentum
Risk/Control RSI > 80 Possible correction — act more cautiously
Justification of levels
$0.30 — psychological and technical level; breaking it will signal the continuation of the rise.
$0.27 — reasonable boundary of protection: below — means a possible reversal.
$0.35 and $0.70 — targets based on CCN's analysis of the reversal pattern and maintaining bullish sentiment.
High RSI (overbought) indicates a possible correction, so it's important to lock in profits and control positions.
What should confirm the signal to act?
