🚀 $MAGIC /USDT: Bullish Move Confirmed💯🚀 ON THE RISE 🚀📈
The $MAGIC/USDT pair is currently trading at 0.5400 USDT, reflecting a significant 26.58% increase. The 24-hour high is 0.5589 USDT, and the 24-hour low is 0.4201 USDT. The trading volume is substantial, with 35.38 million MAGIC and 17.92 million USDT, indicating strong market activity. The 15-minute candlestick chart shows recent price movements, with the latest price slightly up by 0.0043 USDT (+0.80%). Key resistance is around 0.5589 USDT and support is at 0.4201 USDT.
📈 Trade Scenarios 🐂
- Bullish Scenario: If the price breaks above the recent high of 0.5589 USDT, it could target 0.5800 USDT. TP: 0.5800 USDT, SL: 0.5300 USDT.
- Bearish Scenario: If the price fails to sustain above 0.5400 USDT and breaks below 0.5300 USDT, it could retest the support at 0.5000 USDT. TP: 0.5000 USDT, SL: 0.5500 USDT.
🔍 Market Outlook
The overall market sentiment for $MAGIC/USDT remains bullish. Traders should watch for sustained volume and price action above the current levels to confirm the continuation of the upward trend. However, potential pullbacks should be monitored closely to manage risks effectively.
Like, Comment, and Follow: If you found this analysis helpful, please like, comment, and follow for more updates. Your support helps us provide more valuable insights.
If you want analysis of any coin, you can comment the pair name.
#Binance250Million #BinanceAlphaAlert #BTCRebounds95K #USStateBuysBTC #Write2Earn!