$MAGIC
MAGICUSDT
Perp
0.0939
-8.21%
🚨 $MAGIC : Strong Rebound - Long Setup for Recovery Wave!🚀
Plan trade: Long 🟢
Entry Zone: 0.1135 - 0.1165
Take Profit:
🎯 TP1: 0.120
🎯 TP2: 0.123
🎯 TP3: 0.126
Stop Loss: 0.111
🔥 Technical Analysis:
On the H4 chart, $MAGIC confirms a recovery trend by holding above the EMA(10) and EMA(25). RSI is trending towards 60, indicating dominant buying momentum.
The 0.1135-0.1165 zone is the dynamic EMA support where price consolidates before breaking resistance. Levels 0.12-0.126 target the nearest previous resistance peaks and supply zones.
⚠️ Stop Loss Rationale:
The 0.111 level sits below the EMA support and the recent consolidation low to avoid liquidity sweeps.
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Plan trade: Long 🟢
Entry Zone: 0.1135 - 0.1165
Take Profit:
🎯 TP1: 0.120
🎯 TP2: 0.123
🎯 TP3: 0.126
Stop Loss: 0.111
🔥 Technical Analysis:
On the H4 chart, $MAGIC confirms a recovery trend by holding above the EMA(10) and EMA(25). RSI is trending towards 60, indicating dominant buying momentum.
The 0.1135-0.1165 zone is the dynamic EMA support where price consolidates before breaking resistance. Levels 0.12-0.126 target the nearest previous resistance peaks and supply zones.
⚠️ Stop Loss Rationale:
The 0.111 level sits below the EMA support and the recent consolidation low to avoid liquidity sweeps.
{future}(MAGICUSDT)
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