¡$MAGIC is reigniting with a strong bullish push toward 0.13389! 🚀📊
The MAGIC/USDT pair is showing a very dynamic recovery on the 15-minute chart, trading at 0.12676 and posting a powerful +19.03% daily gain.
Technical analysis and key metrics:
24-hour range: High of 0.13389 and low of 0.12674 after bouncing from the lower zone.
Massive volume: More than 379.19M USDT (3.37B MAGIC) traded across the futures and spot markets.
Moving averages: MA(7) is tracking at 0.12624, while MA(25) is consolidating at 0.12554, keeping the short-term structure aligned to the upside.
With the price retesting the upper end of the range and volume above 379M USDT:
Do you think it will decisively break above the 0.133 high and target the 0.15+ zone, or will we see a sideways pause to cool down the RSI before the next move?
Let me know in the comments below! 👇⚡$MAGIC #MAGIC #Binance
The MAGIC/USDT pair is showing a very dynamic recovery on the 15-minute chart, trading at 0.12676 and posting a powerful +19.03% daily gain.
Technical analysis and key metrics:
24-hour range: High of 0.13389 and low of 0.12674 after bouncing from the lower zone.
Massive volume: More than 379.19M USDT (3.37B MAGIC) traded across the futures and spot markets.
Moving averages: MA(7) is tracking at 0.12624, while MA(25) is consolidating at 0.12554, keeping the short-term structure aligned to the upside.
With the price retesting the upper end of the range and volume above 379M USDT:
Do you think it will decisively break above the 0.133 high and target the 0.15+ zone, or will we see a sideways pause to cool down the RSI before the next move?
Let me know in the comments below! 👇⚡$MAGIC #MAGIC #Binance