$MAGIC

MAGIC
MAGICUSDT
0.1016
+2.93%

USDT BULLISH TECHNICAL ANALYSIS

MAGICUSDT is showing a bullish continuation structure on the 1H timeframe after a strong impulsive move. Price is currently consolidating above the key demand zone, indicating healthy pullback and accumulation. As long as support holds, upside continuation is expected.

Entry Zone

0.0940 – 0.0960

Targets

TP1: 0.1000

TP2: 0.1045

Stop Loss

0.0908

Market Outlook

The structure remains bullish with higher lows intact. A successful hold above the entry zone can trigger the next leg up toward the resistance targets.

Risk Management

Use proper position sizing and strict stop loss. Avoid over-leverage and wait for confirmation within the entry zone.

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