$MAGIC is showing a massive vertical surge with strong buying volume behind it.... 🔥
The price has broken out heavily from the 0.0660 consolidation base, steadily pressing all the way up to test the 0.10992 high...
On the 15m timeframe, the candles are riding sharply along the fast EMA(7) at 0.10176, with the Supertrend and EMA(25) trailing well below at 0.09176 and 0.09022...
The momentum is extremely aggressive, though RSI(6) sitting up at 85.81 signals that a quick mid-range cool-off or pull-back to test EMA support couldn't be ruled out...
If bulls maintain price above the 0.1010 base on minor dips, we could see another push to sweep liquidity past 0.1120...
Keep an eye on the volume and lower timeframe retests if you're riding this momentum! 🚀
VDA products are unregulated & risky. No regulatory recourse for any loss. Not financial advice. #DYOR
#scalpers #traders
The price has broken out heavily from the 0.0660 consolidation base, steadily pressing all the way up to test the 0.10992 high...
On the 15m timeframe, the candles are riding sharply along the fast EMA(7) at 0.10176, with the Supertrend and EMA(25) trailing well below at 0.09176 and 0.09022...
The momentum is extremely aggressive, though RSI(6) sitting up at 85.81 signals that a quick mid-range cool-off or pull-back to test EMA support couldn't be ruled out...
If bulls maintain price above the 0.1010 base on minor dips, we could see another push to sweep liquidity past 0.1120...
Keep an eye on the volume and lower timeframe retests if you're riding this momentum! 🚀
VDA products are unregulated & risky. No regulatory recourse for any loss. Not financial advice. #DYOR
#scalpers #traders