magic

The charts are whispering and is looking ready to cast a spell on the markets! We are currently seeing some textbook price action on the hourly timeframe. Here is your deep dive into the setup. 🪄💎
🔍 Technical Breakdown: The Setup
The Channel: MAGIC is currently moving within a descending channel. We’ve tapped the lower boundary and are now eyeing a potential breakout. Watch for a clean break and a retest to confirm the trend reversal. 📉➡️📈
RSI Cooldown: The Relative Strength Index (RSI) is currently drifting downward. This is actually a good sign—it’s clearing out overbought conditions and resetting for the next big push. 🌬️
Moving Average Magnet: Price is gravitating toward the 100-period Moving Average. We expect some consolidation here before the bulls take back control. 🛡️
Rock Solid Support: There is a heavy "Green Zone" of support at 0.0666. This level has acted as a springboard multiple times—it’s the ultimate safety net for this trade. 🧱
🎯 Entry & Exit Targets
Ready to play the bounce? Here are the key levels:
Entry Price: 0.0695 🏁
Target 1: 0.0708 🎯
Target 2: 0.0723 🚀
Target 3: 0.0742 🌕
Stop Loss: Set it right at the green support zone (around 0.0660) to protect your capital. 🛡️
💡 The Golden Rule: Money Management
Technical analysis gives you the edge, but Money Management keeps you in the game. Never risk more than you can afford to lose, and always trade with a plan. 💰🧠
Are you bullish on $MAGIC ? Let’s discuss your entry points in the comments below! 👇

#MAGIC #CryptoTrading #Write2Earn

$ is flashing a high-conviction signal on the 4H timeframe. After a period of cooling off, we’ve just witnessed a textbook Swing Low (SW L) followed by a powerful Change of Character (CH). This shift in market structure suggests that the bulls are back in the driver's seat.
📊 THE TECHNICAL SETUP
The recent price action wasn't just a random bounce; it was driven by high momentum and "marubozu" style candles, signaling strong buyer interest.
The Trigger: A clear break above the previous local lower high, confirming a shift from bearish to bullish intent.
The Opportunity: We are looking for entries on pullbacks to the newly formed support levels. If the Key Level is reclaimed and held, the "air gap" above offers a massive risk-to-reward ratio.
🛠️ STRATEGY & ENTRY
To navigate the volatility, we recommend a DCA (Dollar-Cost Averaging) approach across two primary entry zones:
Entry 1: Near the immediate retest of the CH level.
Entry 2: Deeper pullback into the primary demand zone (for better risk-adjusted sizing).
Pro Tip: Scaling into the position helps you stay in the trade even if the market decides to "wick" down to hunt liquidity before the real move starts.
🎯 TARGETS & INVALIDATION
Short-term Targets: Local resistance levels (TP1, TP2) to secure initial profits.
Primary Objective: A full retest of the recent swing highs once the macro structure confirms.
Invalidation: The setup is void if a daily candle closes below the identified invalidation level. If that floor breaks, the bullish thesis is dead, and it's time to reassess.
💡 FINAL THOUGHTS
This setup emphasizes disciplined entry. Don't chase the green candles—wait for the market to come back to your key levels. With GameFi and AI-gaming narratives heating up in early 2026, MAGIC is perfectly positioned for a momentum surge.
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#Write2Earn #MAGIC #TreasureDAO