$MAGIC /USDT – Bullish Breakout Setup
MAGIC has pushed out of its accumulation range with a sharp expansion in price and volume, suggesting renewed upside momentum.
Key Levels
Support Zone: 0.100 – 0.103
Resistance Levels: 0.113 | 0.118 | 0.122
Trade Setup
Entry Zone: 0.105 – 0.109 (pullback or continuation)
Targets:
TP1: 0.113
TP2: 0.118
TP3: 0.122
Stop Loss: 0.097 (below recent swing low)
Market Sentiment Buyers are in control following a strong impulsive move. As long as price holds above the support zone, bullish continuation remains the preferred scenario. Volatility is elevated, so position sizing and risk control are important.
For educational purposes only. Not financial advice.
MAGIC
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