$MAGIC /USDT Trade Analysis

Current Price: $0.5231

Resistance Levels:

$0.5400

$0.5580

Support Levels:

$0.5150

$0.5000

Analysis:

MAGIC has shown a 10.27% increase in the last 24 hours, reaching a high of $0.5589 before pulling back. The price is currently testing a critical zone near $0.5230. A breakout above $0.5400 could target $0.5580, while a dip below $0.5150 might lead to a retest of $0.5000.

Trade Setup:

Long Entry: $0.5250

Target 1: $0.5400

Target 2: $0.5580

Stop Loss: $0.5150

Short Entry: $0.5150

Target 1: $0.5050

Target 2: $0.5000

Stop Loss: $0.5250

Watch for increased trading volume for confirmation. Manage risk carefully and adapt to market conditions.

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