$MAGIC

/USDT Technical Analysis: Three Key Price Targets 🎯

As we dive into the technicals of the MAGIC/USDT pair, here's a detailed outlook on the key price targets to watch for the upcoming trading session:

1. Target 1: $0.5550

This level is acting as immediate resistance. A strong break above $0.5550 could signal continued bullish momentum, potentially paving the way for a push towards higher levels.

2. Target 2: $0.5400

A minor resistance point in the current range, $0.5400 serves as a mid-level barrier. If the price retests this level and holds, it could indicate a consolidation before the next major move.

3. Target 3: $0.5150

On the downside, $0.5150 remains a crucial support level. A dip below this point could signal further retracement, with potential for a deeper correction towards lower levels.

Current Price: $0.5284

24h High: $0.5589 | 24h Low: $0.4318

Volume Insights:

24h Volume (MAGIC): 61.08M | 24h Volume (USDT): 31.77M

Stay tuned for updates as MAGIC/USDT continues to navigate these crucial price zones. Traders should monitor price action closely around these targets for optimal entry or exit points.