$MAGIC

/USDT: Seeking Support – Eyes on Rebound Potential 🎯

Current Price: 0.5203 (down -7.76% in 24 hours, slight uptick of +0.21% in the last 15 minutes).

Key Levels:

Support: 0.5174 (24h Low) – Crucial level to monitor for a potential bounce.

Resistance: 0.5746 (24h High) – A breakout above this could revive bullish momentum.

Trade Strategy:

Buy: Look for signs of a reversal near 0.5174, or wait for a breakout above 0.5300 for safer entry.

Stop-Loss: Place a stop below 0.5100 to limit downside risk.

Target Keys 🎯:

1. T1: 0.5300 – Immediate resistance; take partial profits here.

2. T2: 0.5500 – Stronger resistance if momentum builds.

3. T3: 0.5700 – Key resistance near the 24h high; a breakout signals renewed strength.

Risk Management: Keep a tight stop below 0.5100 and watch volume closely for confirmation of a rebound or breakout.

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