Technical Analysis Update: $MAGIC
/USDT
MAGIC/USDT has been gaining momentum, showcasing strong bullish activity within the last 24 hours. Here's what to watch:
Current Price: $0.5962 (+11.67%)
24h High: $0.6002 | 24h Low: $0.5326
Trading Volume: 27.35M MAGIC ($15.45M in USDT)
Key Levels to Watch:
Resistance: $0.6000 (critical level to break for further upside)
Support: $0.5600 (potential pullback zone for buyers)
Market Sentiment:
MAGIC is among today's top gainers in the gaming sector, indicating strong interest and volume inflows.
Indicators Suggest:
RSI: Moving toward overbought levels, signaling a potential cooldown.
MACD: Positive divergence, supporting the bullish trend.
Traders should monitor the $0.6000 resistance closely, as breaking this level could open doors for further gains. Stay updated and trade wisely!