$MAGIC USDT: Recovery Mode Activated — Can Bulls Challenge $0.1500?
Treasure is showing a strong rebound on the 1H chart, with MAGIC up 24.27% in 24 hours and trading near $0.12826. After dropping from the $0.16369 peak toward the $0.092 area, buyers have stepped back in with a sharp upward move.
Price is now approaching resistance around $0.13268. A clean breakout could extend the recovery toward higher resistance zones, while rejection may trigger a pullback. After this fast rally, confirmation matters more than chasing the candle.
$MAGIC USDT — LONG SETUP
EP (Entry Price): $0.12200–$0.12700
TP1: $0.13500
TP2: $0.14500
TP3: $0.15800
SL (Stop Loss): $0.11600
THE RECOVERY TRADE
The bullish case strengthens if MAGIC clears $0.13268 and holds above that area. If momentum continues, the higher targets become potential levels to watch.
If price loses the recent recovery zone, the setup may weaken. Wait for confirmation, use sensible position sizing, and remember that extended targets are not guaranteed.
Stay focused on the breakout, protect your capital, and let price action guide your next move with MAGICUSDT.
— ChainBanter$MAGIC
Treasure is showing a strong rebound on the 1H chart, with MAGIC up 24.27% in 24 hours and trading near $0.12826. After dropping from the $0.16369 peak toward the $0.092 area, buyers have stepped back in with a sharp upward move.
Price is now approaching resistance around $0.13268. A clean breakout could extend the recovery toward higher resistance zones, while rejection may trigger a pullback. After this fast rally, confirmation matters more than chasing the candle.
$MAGIC USDT — LONG SETUP
EP (Entry Price): $0.12200–$0.12700
TP1: $0.13500
TP2: $0.14500
TP3: $0.15800
SL (Stop Loss): $0.11600
THE RECOVERY TRADE
The bullish case strengthens if MAGIC clears $0.13268 and holds above that area. If momentum continues, the higher targets become potential levels to watch.
If price loses the recent recovery zone, the setup may weaken. Wait for confirmation, use sensible position sizing, and remember that extended targets are not guaranteed.
Stay focused on the breakout, protect your capital, and let price action guide your next move with MAGICUSDT.
— ChainBanter$MAGIC