$MAGIC /USDT has been on an impressive upward trajectory in recent days, with the price surging from the low of 0.4089 to the current price of 0.4689, representing a significant 12.15% increase. The chart displays a clear uptrend with a series of higher highs and higher lows.
Signal:
* Entry: Consider entering a long position at the current price of 0.4689.
* Resistance: The immediate resistance level is at 0.4703.
* Support: The nearest support level is at 0.4650.
Take-Profit Targets:
* Target 1: 0.4703
* Target 2: 0.4750
* Target 3: 0.4800
Stop Loss:
* Stop Loss: 0.4600
Caution:
* Traders should exercise caution and monitor the market closely for any signs of reversal or consolidation.
* It's important to use proper risk management techniques and only invest what you can afford to lose.