/USDT Technical AnalysisThe MAGIC/USDT pair is currently showing strong bullish momentum, trading at $0.4561 after a remarkable 24.86% surge over the last 24 hours. Let's delve into the technical aspects and identify three key targets to watch.Current Price: $0.4561
24h High: $0.4561
24h Low: $0.3583
24h Volume (MAGIC): 66.40MKey Targets:1. Target 1: $0.4800
This level serves as a key resistance point. A successful breakout above this target could indicate continued upward momentum, attracting more buyers into the market.
2. Target 2: $0.4400
This support level has shown significant strength in the past. If the price retraces, this area could provide a solid foundation for buyers to re-enter, potentially leading to another rally.
3. Target 3: $0.4200
A deeper pullback to this level would indicate a potential buying opportunity, especially if it coincides with bullish signals from indicators like RSI or MACD. Watching for confirmation at this target could be critical for short-term traders.Conclusion: With the gaming sector gaining traction, MAGIC has positioned itself for further growth. Traders should keep an eye on these targets to make informed decisions and capitalize on potential price movements. Stay updated for more insights!
