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Magicusdtbuy

#MAGIC/USDT Forming Falling Wedge#MAGIC The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout. There is a major support area in green at 0.1370, which represents a strong support point. We are heading for stability above the 100 moving average. Entry price: 0.1400 First target: 0.1444 Second target: 0.1485 Third target: 0.1534 Don't forget a simple matter: capital management. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
$MAGIC broke out!After weeks of grinding inside a falling channel, OMXTSE:MAGIC finally broke out with a sharp 20% move! - Channel breakout confirmed - Price reclaimed the support zone around $0.145 - Resistance zone ahead: $0.185–$0.20 Now it’s all about momentum. If bulls hold above the breakout area, we could see further continuation toward the upper resistance. Trade smart — avoid FOMO. To ride the wave further, wait for a retest or clear strength above resistance. This is how a clean technical structure plays out.
Long
by persis10t
MAGICUSDT may head up for resistance around 0.8336-0.8520The price is trading in a zone where it experienced free fall on the recent drop a few day ago. The next resistance for the price is 4h resistance 4HR1 as marked on the chart. This resistance zone sits around 0.8336-0.8520. The probability of the price to aim for this 4h resistance is high. Therefore a long is favorable here. However, there is a reasonable probability of the price to revisit the support zone below specially 4h support 4HS1 and probably 4HS2. Therefore, a better entry for the long would be those levels.
Long
by angela_altair