Technical Analysis: $MAGIC /USDT - Key Levels & Targets 🎯
The MAGIC/USDT pair has shown significant bullish momentum, with the current price at $0.6260, up by 17.16% in the last 24 hours. Let's break down the key technical levels and three target zones to watch:
1. Immediate Resistance - $0.6300
The first target to watch is the $0.6300 mark. If the price manages to break this level, we could see further bullish continuation.
2. Mid-term Target - $0.6500
A potential resistance zone lies at $0.6500. This level has previously acted a
s a price cap, and if it is broken, we might see a strong push higher.
3. Long-term Target - $0.7000
For a more extended bullish trend, $0.7000 stands as a key psychological level and resistance zone. A breakout here could open the door for further gains.
Key Support: The 24h low at $0.5328 remains a critical support level, and any drop below this would suggest a possible trend reversal.
Stay tuned for more updates as we monitor these levels closely!
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