$MAGIC
/USDT Technical Analysis: Price Action & Key Targets 🎯
MAGIC has been showing promising gains, but let's take a closer look at the technical setup for the next key moves.
Current Price: $0.5356
24h High: $0.5589
24h Low: $0.4354
Key Levels to Watch:
1. Support Level: $0.5200
If the price tests this level and holds, it could act as a solid foundation for upward momentum. A bounce from here might signal the continuation of bullish momentum.
2. Resistance Level: $0.5450
The price has tested this level multiple times. A breakout above this level could lead to further price appreciation towards the next target.
3. Target Price: $0.5600
If bullish momentum continues, reaching $0.5600 could be the next big move. Watch for any shifts in volume or RSI to confirm strength at this level.
Keep an eye on the market conditions, as volatility can impact these levels. Be prepared for price action to test these targets in the short term!