đŸ”„ MAGIC/USDT Trade Idea – Tight Coil Before the Storm? 🚹

Price is compressing near key support, and Bollinger Bands are squeezing! A move is coming. Let's break it down đŸ‘‡đŸ§”

#Crypto #MAGICUSDT #Altcoins #TradingView #Beginnersguide

Technical Snapshot 🧠

🟱 Support:
‱ Strong: $0.2050
‱ Medium: $0.2080

🔮 Resistance:
‱ Medium: $0.2108
‱ Strong: $0.2150

MACD: Bearish ☝

RSI: Near oversold 👀


Potential Entry & Targets 🎯

đŸ“„ Entry Point: $0.2060
🎯 Target 1: $0.2080
🎯 Target 2: $0.2108
🎯 Target 3: $0.2150

Stop-loss: $0.2045 đŸš«
Risk:Reward ~ 1:2.5+



Strategy Tip đŸ§Ș

đŸ”č Scalp traders: Bounce play likely from $0.205x
đŸ”č Swing traders: Safer play above $0.2108
📉 Below $0.2045 = invalidation


Chart Signals đŸ§Ÿ

📉 15m: Downtrend cooldown
📈 1H: Consolidating, BB squeeze = volatility coming

Volume low = watch for breakout confirmation!


⚠ DISCLAIMER

Not financial advice. DYOR before trading. Use stop-losses & position sizing. The market doesn't care about hope – manage your risk. 🙏

Trade Here $MAGIC