$MAGIC /USDT on the Brink of a Breakout: Quick Gains Ahead!
$MAGIC /USDT is trading at $0.5974, showing robust bullish momentum as it pushes toward its daily high of $0.5977. The surge in trading volume indicates strong interest, with buyers dominating the market.
For a potential trade setup:
Entry Price: $0.5974
Target Points:
TP1: $0.6000 (Immediate resistance test)
TP2: $0.6025 (Minor breakout target)
TP3: $0.6050 (Extended bullish momentum)
Stop Loss: $0.5920 (Below recent support zone)
The chart signals a possible continuation of the rally if the resistance at $0.6000 breaks, paving the way for steady upward movement. However, monitor closely for any pullbacks near the support. Tight risk management is advised for this high-momentum trade.