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$MAGIC /USDT – Momentum Building After Pullback
Momentum Analysis
Price rebounded strongly from 0.0971 low and is holding above 0.1070, signaling short-term bullish control.
Volume (110.79M MAGIC / $12.05M USDT) confirms active participation.
Resistance cluster near 0.118–0.1239; a clean break could unlock continuation.
Long Setup
Entry Zone: 0.104 – 0.108
Targets:
T1: 0.1127
T2: 0.1183
T3: 0.1239
Stop Loss: 0.0970
Breakout Confirmation
Confirm above: 0.1226 (24h high) with volume expansion.
Key Support: 0.1014 → 0.0971
Pro Tip
If price rejects 0.118–0.122, consider partial profits and re-entry on a pullback to 0.105–0.107. Momentum favors patience over chasing.
Snapshot
Price: 0.1077 | +8.57%
24h High / Low: 0.1226 / 0.0971
Exchange: BINANCE
Timeframes: 15m | 1h | 4h | 1D
#MAGIC #MAGICUSDT #Altcoins