MAGIC is trading within a box on the daily timeframe and is on the verge of breaking out above a resistance cluster consisting of the daily EMA100, the descending resistance, and the box resistance. In case of a confirmed breakout, the potential upside targets are:
🎯 $0.0522
🎯 $0.0563
🎯 $0.0603
🎯 $0.0661
🎯 $0.0734
⚠️ Always use a tight stop-loss and maintain proper risk management
MAGICUSDT
Perp.
0.04533
-7.43%