$MAGIC /USDT Bullish Momentum Observed – Entry Opportunity Identified!🔥💯
The MAGIC/USDT pair is showing strong upward momentum on the 30-minute chart, supported by a V-shaped recovery and continuation patterns. The breakout above $0.475 confirms bullish sentiment, and a potential rally toward the $0.50 level seems plausible in the short term.
Trade Setup:
• Entry: $0.475 - $0.478
• Target 1: $0.490
• Target 2: $0.500
• Stop Loss: $0.465
Analysis:
Recent price action shows sustained buying interest, with volume indicating robust market participation. The market’s recovery from $0.4296 to the current level demonstrates resilience, while the pullback and consolidation suggest a strong support base.
Keep an eye on the $0.480 resistance level—if broken, it could accelerate upward momentum. However, maintain proper risk management by adhering to the stop-loss level in case of unexpected reversals.
This setup is for informational purposes and not financial advice. Always conduct your own research and trade responsibly.