๐ $MAGIC Is Breaking Out โ Is The Next Leg About To Begin? ๐ฅ
$MAGIC /USDT is trading around $0.0728, up 16.67% in 24H, with volume reaching around $48.9M MAGIC. Momentum has clearly picked up as price pushes toward the recent high. ๐
โฑ๏ธ 1H CHART
โก Price is holding above MA(7) $0.0683, MA(25) $0.0643 and MA(99) $0.0609. The trend remains strongly bullish, but the $0.0732 area is the immediate breakout test. ๐
๐ 4H CHART
๐ฅ The structure continues to show higher highs and higher lows. Price is well above the major moving averages, while MACD remains positive. A clean move above $0.0732โ$0.0750 could bring fresh momentum. ๐ฅ
๐ 1D CHART
๐ The daily chart shows a powerful reversal from the $0.0383 area, with expanding volume and bullish momentum. The next major zone to watch is around $0.0799. ๐ฃ
๐ฏ TRADING SETUP
โก๏ธ Resistance: $0.0732 โ $0.0750 โ $0.0799
โก๏ธ Support: $0.0690 โ $0.0640 โ $0.0600
โ ๏ธ If $MAGIC breaks and holds above resistance, another strong leg higher could develop. But after such a fast rally, a pullback or consolidation is also possible โ manage risk carefully. ๐ก๏ธ
๐ญ Will $MAGIC break $0.0750 next, or are we due for a cooldown first?
#MAGIC #Crypto #Binance
#BinanceLaunchesBinanceIntelligence #ETHUp70%InQ3ButLiquidityFalls #EvernorthXRPTreasuryCompletesSPACMerger #FedOctoberHoldOdds82.3%
$MAGIC /USDT is trading around $0.0728, up 16.67% in 24H, with volume reaching around $48.9M MAGIC. Momentum has clearly picked up as price pushes toward the recent high. ๐
โฑ๏ธ 1H CHART
โก Price is holding above MA(7) $0.0683, MA(25) $0.0643 and MA(99) $0.0609. The trend remains strongly bullish, but the $0.0732 area is the immediate breakout test. ๐
๐ 4H CHART
๐ฅ The structure continues to show higher highs and higher lows. Price is well above the major moving averages, while MACD remains positive. A clean move above $0.0732โ$0.0750 could bring fresh momentum. ๐ฅ
๐ 1D CHART
๐ The daily chart shows a powerful reversal from the $0.0383 area, with expanding volume and bullish momentum. The next major zone to watch is around $0.0799. ๐ฃ
๐ฏ TRADING SETUP
โก๏ธ Resistance: $0.0732 โ $0.0750 โ $0.0799
โก๏ธ Support: $0.0690 โ $0.0640 โ $0.0600
โ ๏ธ If $MAGIC breaks and holds above resistance, another strong leg higher could develop. But after such a fast rally, a pullback or consolidation is also possible โ manage risk carefully. ๐ก๏ธ
๐ญ Will $MAGIC break $0.0750 next, or are we due for a cooldown first?
#MAGIC #Crypto #Binance
#BinanceLaunchesBinanceIntelligence #ETHUp70%InQ3ButLiquidityFalls #EvernorthXRPTreasuryCompletesSPACMerger #FedOctoberHoldOdds82.3%
