$MAGIC Futures Long Signal
Entry Zone: 0.0955 – 0.0972
Take-Profit 1: 0.1000
Take-Profit 2: 0.1045
Take-Profit 3: 0.1090
Stop-Loss: 0.0928
Leverage (Suggested): 3–5x
Rationale:
MAGIC has printed a strong impulsive breakout from the 0.0895 base, followed by a healthy pullback and stabilization above the rising MA25 and MA99 cluster, indicating trend continuation rather than distribution.
The rejection from 0.1019 acted as short-term liquidity grab, and price is now consolidating around 0.096–0.097, forming a bullish higher-low structure. Volume expansion on the breakout confirms genuine buyer interest.
As long as price holds above the 0.0955 demand zone, continuation toward higher liquidity levels remains structurally valid.
Risk-Management Note:
A clean breakdown and sustained close below 0.0928 would invalidate the higher-low structure and signal short-term weakness.
