$MAGIC Market Update 🚨
MAGIC is showing strong volatility after gaining around 40.78% in the last 24 hours.
Current Price: 0.10744 USDT
24H High: 0.16369 USDT
24H Low: 0.07608 USDT
After the sharp move upward, MAGIC faced selling pressure near the 0.11696 level and pulled back toward 0.1074.
The short term momentum looks weak for now, with RSI around 34.7 on the 15m timeframe. Buyers need to regain strength before another upward move can be considered.
Resistance: 0.1107, 0.1161, 0.1178
Support: 0.1050, 0.1006
I’m watching whether MAGIC can hold its recent support or face further downside. After such a strong move, volatility can remain high, so avoid chasing the price without confirmation.
Not financial advice. Always manage your risk.
#Write2Earn!
MAGIC is showing strong volatility after gaining around 40.78% in the last 24 hours.
Current Price: 0.10744 USDT
24H High: 0.16369 USDT
24H Low: 0.07608 USDT
After the sharp move upward, MAGIC faced selling pressure near the 0.11696 level and pulled back toward 0.1074.
The short term momentum looks weak for now, with RSI around 34.7 on the 15m timeframe. Buyers need to regain strength before another upward move can be considered.
Resistance: 0.1107, 0.1161, 0.1178
Support: 0.1050, 0.1006
I’m watching whether MAGIC can hold its recent support or face further downside. After such a strong move, volatility can remain high, so avoid chasing the price without confirmation.
Not financial advice. Always manage your risk.
#Write2Earn!