$MAGIC
/USDT Technical Analysis & Target Levels 🎯
Current Price: $0.6958 (+2.69% in the last hour)
MAGIC is showing strong momentum, with a significant 24.27% increase over the past 24 hours. As it continues to gain traction in the gaming sector, it's crucial to understand its key support and resistance levels for potential trading opportunities.
Key Support Levels:
$0.6500: A critical level to watch for potential pullbacks. If the price holds above this, further upward movement could be expected.
$0.6000: Another strong support level. A break below this could signal a deeper retracement.
$0.5500: A significant zone that could act as a final line of defense for bulls. If price tests this level, it may be a strong buying opportunity for long-term traders.
Target Levels 🎯:
Target 1: $0.7000 - With recent bullish momentum, we could see MAGIC testing the $0.7000 resistance.
Target 2: $0.7250 - If momentum continues, this could be the next psychological resistance point.
Target 3: $0.7500 - A higher resistance level that could provide an excellent exit point for those looking to maximize short-term gains.
Watch closely for price action around these levels to gauge the next potential move in the MAGIC/USDT pair. Stay tuned for more updates!