$MAGIC/USDT Trading Signal – Bullish Momentum Cooling?
Long Entry Zone: $0.5150 - $0.5250
Targets: $0.5500, $0.5700, $0.5900
Stop Loss: Below $0.5000
The chart shows a strong rally to $0.5589, followed by a consolidation phase near $0.5239. If the price holds above $0.5150, further bullish continuation is likely. However, breaking below $0.5000 could trigger a retracement.
Next Move: Consolidation with a bullish outlook. A breakout above $0.5500 confirms upward momentum; monitor for volume spikes.
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