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/USDT Technical Analysis: A Game-Changer in the Market 🎯
🚀 Current Price: $0.5392 (+26.31%)
MAGIC has been showing impressive momentum recently, and here's a breakdown of the technical levels and potential targets for traders to watch.
1. Target 1: $0.5589
The recent 24-hour high sets the first resistance level. If MAGIC breaks this barrier, it could be headed for further gains.
2. Target 2: $0.5800
A critical resistance level to monitor. This price point could be the next stop if bullish momentum persists.
3. Target 3: $0.4201
While the price is currently on the rise, the 24-hour low suggests that traders should stay cautious if the price starts to decline. This level could act as strong support if the market tests lower levels.
Volume Insights:
With 35.38M MAGIC traded in the last 24 hours, the surge in volume shows increased investor interest, potentially supporting the continued upward trend.
🔍 Watch the chart closely for any breakouts or pullbacks around these levels.