$MAGIC /USDT - Bullish Momentum! 🚀

Current Price: $0.4526 (+2.98% in the last 24 hours)

$MAGIC /USDT is showing bullish momentum, with a +2.98% increase in price, signaling positive market sentiment. The token has recently tested key resistance levels and is now set for further movement.

📊 Key Trading Data:

24h High: $0.4600

24h Low: $0.4391

24h Volume (MAGIC): 5.73M

24h Volume (USDT): 2.58M

7-Day Performance: +1.07%

30-Day Performance: -16.12%

90-Day Performance: +13.83%

🎯 Key Levels to Watch:

Entry Zone: $0.4526 (Current price level, ideal for entry)

Target 1: $0.4600 (Immediate resistance level)

Target 2: $0.4750 (Next key resistance zone)

Stop Loss: $0.4391 (Near the 24h low for tight risk management)

📈 Why Enter Now?

Upward Trend: The recent price increase and the bounce from the low of $0.4391 indicate potential for further bullish momentum.

Volume: Healthy 5.73M MAGIC traded in the last 24 hours, supporting the current upward movement.

Resistance Testing: The price is nearing a key resistance at $0.4600. A breakout could lead to further gains toward $0.4750.

💡 Pro Tip:

Consider entering around the current price $0.4526 with a first target at $0.4600. If the price breaks through $0.4600, $0.4750 could be the next target. Always use a stop loss at $0.4391 to protect against unexpected price reversals.

⚠️ Risk Reminder:

As always, monitor market conditions closely. If the price falls below $0.4391, the trend could shift, so adjust your position accordingly.

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