$MAGIC /USDT BULLISH TECHNICAL SETUP
MAGIC/USDT has shown a strong rebound after tapping the lower support zone and forming a clean higher-low structure on the chart. The increasing volume alongside a clear recovery above short-term moving averages signals buyers taking control. Momentum indicators (MACD, RSI, KD) are turning upward, supporting further bullish continuation.
LONG ENTRY SETUP
• Long Entry: After confirmation above the breakout zone
• TP1: First minor resistance zone
• TP2: Mid-range bullish target
• TP3: Higher-timeframe resistance
• SL: Below recent swing low / support area
TECHNICAL OUTLOOK
Price reclaiming MA levels and strong candles pushing upward indicate renewed trend strength. Bollinger Bands are widening, suggesting volatility expansion in the bullish direction. As long as price sustains above reclaimed support, the structure favors an upward move.
RISK MANAGEMENT
Risk 1–2% only, use a fixed SL, and trail stops as targets hit to secure gains.
#TechnicalAnalysis #CryptoSetups #ChartPatterns #priceaction #Write2Earn! $MAGIC
