$MAGIC

/USDT Technical Analysis: Key Targets to Watch ๐ŸŽฏ

The MAGIC/USDT pair has shown impressive upward momentum, currently priced at $0.6153, reflecting a +15.01% gain in the last 24 hours. However, as always, itโ€™s important to track key levels for a potential breakout or pullback. Letโ€™s take a closer look at three crucial price targets to watch in the coming hours:

๐ŸŽฏ Target 1 - Support Zone: $0.5900 A strong support level is forming near $0.5900, acting as a crucial point where buying interest could pick up. A bounce from here could provide a solid opportunity for a short-term bullish reversal.

๐ŸŽฏ Target 2 - Resistance Zone: $0.6235 The $0.6235 level has been tested as the recent 24-hour high, and it remains a key resistance point. A breakthrough above this zone could signal further upside momentum towards new highs.

๐ŸŽฏ Target 3 - Extended Resistance: $0.6300 Beyond the immediate resistance, the $0.6300 price target is the next psychological barrier to watch. If MAGIC can break through this level, we could see a stronger continuation of the bullish trend.

Keep an eye on these levels to identify potential trade setups and manage risk effectively. As always, do your own research and trade wisely!

Let me know if you'd like any adjustments or further details!