$MAGIC Futures Long Signal
Entry Zone: 0.0958 – 0.0975
Take-Profit 1: 0.1005
Take-Profit 2: 0.1040
Take-Profit 3: 0.1090
Stop-Loss: 0.0929
Leverage (Suggested): 3–5x
Rationale:
#MAGIC has completed a strong impulsive move from the 0.0895 demand base, followed by a controlled pullback that respected the rising MA25 and MA99. The rejection wick below 0.095 was quickly absorbed, confirming active buyers defending higher lows.
Price is now stabilizing above the short-term MA cluster, indicating bullish continuation structure rather than a trend reversal. The consolidation below 0.102 liquidity highs suggests energy is being built for the next expansion leg.
As long as price holds above the 0.0958 support zone, continuation toward higher liquidity levels remains structurally valid.
Risk-Management Note:
A decisive breakdown and sustained close below 0.0929 would invalidate the higher-low structure and signal short-term trend weakness.
