$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. A breakout above $0.475 confirms bullish sentiment, and a potential rally toward the $0.50 level looks 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 strong market participation. The recovery from $0.4296 to the current level demonstrates resilience, while the pullback and consolidation suggest a solid support base.
Keep an eye on the $0.480 resistance level—if broken, upward momentum could accelerate. However, remember to manage risk by adhering to the stop-loss level in case of unexpected reversals.
Note: This setup is for informational purposes and not financial advice. Always conduct your own research and trade responsibly.
MAGIC: $0.4728 (+6.92%)
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