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:
๐ฏ $0.0522
๐ฏ $0.0563
๐ฏ $0.0603
๐ฏ $0.0661
๐ฏ $0.0734
โ ๏ธ Always use a tight stop-loss and maintain proper risk management
MAGICUSDT
Perp
0.04551
-4.87%