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Technical Analysis: $MAGIC
/USDT – Key Levels to Watch 🎯
The MAGIC/USDT pair is showing impressive growth, gaining +25.48% in the last 24 hours. As the gaming sector continues to thrive, let's break down the key levels for this pair:
1. Target 1 – Immediate Resistance at $0.5300 🎯
The first target is a near-term resistance at $0.5300. A breakthrough here could signal further bullish momentum, potentially pushing the price higher.
2. Target 2 – Psychological Level at $0.5400 🎯
The next target to watch is the $0.5400 level, which serves as a psychological resistance. A successful break above this level could open the path for more upside movement.
3. Target 3 – Strong Support at $0.4900 🎯
On the downside, $0.4900 is a solid support level. If the price pulls back, this level could act as a strong buy zone, providing a potential entry point for those looking to capitalize on any dips.
Current Price: $0.5235
Stay alert and watch these levels closely for trading opportunities. Keep an eye on volume and momentum indicators to confirm any breakouts or pullbacks.
Trade with caution and always do your own research!