$MAGIC /USDT Price Update - Bullish Surge with Resistance Retest
Current Price: $0.5259
24H Change: +18.74%
Resistance: $0.5589
Support Levels: $0.5126, $0.4591
MAGIC has experienced a strong rally, reaching a high of $0.5589 before a pullback. The price action suggests a consolidation phase with potential for another breakout attempt.
Trade Setup:
Long Entry: $0.5200 - $0.5300
Targets: $0.5500, $0.5600
Stop Loss: $0.5000
🔎 Observation: A breakout above $0.5589 could lead to further upward momentum. Keep an eye on volume spikes at resistance levels for confirmation of bullish strength.
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