Watching $MAGIC
$MAGIC is currently in a consolidation phase.
For a bullish continuation, price needs to strongly break above $0.0548, not just wick above it. A good confirmation would be a 1H candle body close above that level, which could send price pushing toward $0.0580 – $0.0610.
But honestly, my preferred scenario would be for price to drop first.
A deeper sweep could give a stronger reversal setup and a better entry.
If price fails to break $0.0548 and sweeps lower instead, keep an eye on the $0.0511 – $0.0518 support zone for a potential long reversal entry.
Who else is watching $MAGIC ? Or what coin are you watching right now?
$BULLA ?
$MAGIC is currently in a consolidation phase.
For a bullish continuation, price needs to strongly break above $0.0548, not just wick above it. A good confirmation would be a 1H candle body close above that level, which could send price pushing toward $0.0580 – $0.0610.
But honestly, my preferred scenario would be for price to drop first.
A deeper sweep could give a stronger reversal setup and a better entry.
If price fails to break $0.0548 and sweeps lower instead, keep an eye on the $0.0511 – $0.0518 support zone for a potential long reversal entry.
Who else is watching $MAGIC ? Or what coin are you watching right now?
$BULLA ?
