🚀 $MAGIC Is Breaking Out — Is The Next Leg About To Begin? 🔥
$MAGIC /USDT is trading around $0.0728, up 16.67% in 24H, with volume reaching around $48.9M MAGIC. Momentum has clearly picked up as price pushes toward the recent high. 📈
⏱️ 1H CHART
⚡ Price is holding above MA(7) $0.0683, MA(25) $0.0643 and MA(99) $0.0609. The trend remains strongly bullish, but the $0.0732 area is the immediate breakout test. 🚀
📊 4H CHART
🔥 The structure continues to show higher highs and higher lows. Price is well above the major moving averages, while MACD remains positive. A clean move above $0.0732–$0.0750 could bring fresh momentum. 💥
🌐 1D CHART
📈 The daily chart shows a powerful reversal from the $0.0383 area, with expanding volume and bullish momentum. The next major zone to watch is around $0.0799. 🟣
🎯 TRADING SETUP
➡️ Resistance: $0.0732 → $0.0750 → $0.0799
➡️ Support: $0.0690 → $0.0640 → $0.0600
⚠️ If $MAGIC breaks and holds above resistance, another strong leg higher could develop. But after such a fast rally, a pullback or consolidation is also possible — manage risk carefully. 🛡️
💭 Will $MAGIC break $0.0750 next, or are we due for a cooldown first?
#MAGIC #Crypto #Binance
#BinanceLaunchesBinanceIntelligence #ETHUp70%InQ3ButLiquidityFalls #EvernorthXRPTreasuryCompletesSPACMerger #FedOctoberHoldOdds82.3%
$MAGIC /USDT is trading around $0.0728, up 16.67% in 24H, with volume reaching around $48.9M MAGIC. Momentum has clearly picked up as price pushes toward the recent high. 📈
⏱️ 1H CHART
⚡ Price is holding above MA(7) $0.0683, MA(25) $0.0643 and MA(99) $0.0609. The trend remains strongly bullish, but the $0.0732 area is the immediate breakout test. 🚀
📊 4H CHART
🔥 The structure continues to show higher highs and higher lows. Price is well above the major moving averages, while MACD remains positive. A clean move above $0.0732–$0.0750 could bring fresh momentum. 💥
🌐 1D CHART
📈 The daily chart shows a powerful reversal from the $0.0383 area, with expanding volume and bullish momentum. The next major zone to watch is around $0.0799. 🟣
🎯 TRADING SETUP
➡️ Resistance: $0.0732 → $0.0750 → $0.0799
➡️ Support: $0.0690 → $0.0640 → $0.0600
⚠️ If $MAGIC breaks and holds above resistance, another strong leg higher could develop. But after such a fast rally, a pullback or consolidation is also possible — manage risk carefully. 🛡️
💭 Will $MAGIC break $0.0750 next, or are we due for a cooldown first?
#MAGIC #Crypto #Binance
#BinanceLaunchesBinanceIntelligence #ETHUp70%InQ3ButLiquidityFalls #EvernorthXRPTreasuryCompletesSPACMerger #FedOctoberHoldOdds82.3%