$MAGIC is reacting strongly from the $0.092–$0.100 support region, with the 1H chart showing a sharp V-shaped recovery and renewed buying momentum toward the $0.130 resistance area.
Trading Plan Long $MAGIC
Entry: $0.1240–$0.1295
SL: $0.1170
TP: $0.1360
TP: $0.1460
TP: $0.1600
The strong recovery from the recent low shows buyers have regained short-term control. Holding above $0.1235 keeps the bullish structure intact, while a breakout through $0.1327 could open the way toward $0.1460 and eventually the previous $0.1637 resistance zone.
Trade $MAGIC here 👇
Trading Plan Long $MAGIC
Entry: $0.1240–$0.1295
SL: $0.1170
TP: $0.1360
TP: $0.1460
TP: $0.1600
The strong recovery from the recent low shows buyers have regained short-term control. Holding above $0.1235 keeps the bullish structure intact, while a breakout through $0.1327 could open the way toward $0.1460 and eventually the previous $0.1637 resistance zone.
Trade $MAGIC here 👇