$MAGIC
MAGIC
0.1204
+13.26%
BULLISH TECHNICAL ANALYSIS – UPSIDE MOMENTUM IN PLAY
$MAGIC is showing strong buying pressure after holding above key support near 0.120–0.124. Price is forming higher lows, indicating bullish structure, and momentum suggests continuation toward higher resistance levels. A breakout above recent consolidation can accelerate the upward move.
TECHNICAL OUTLOOK
• Price holding above support confirms bullish sentiment.
• Higher lows and upward structure indicate continuation potential.
• Breakout above 0.151–0.160 resistance may trigger further gains.
TARGET LEVELS
• TP1: 0.140
• TP2: 0.150
• TP3: 0.160
STOP LOSS
• SL: Below 0.120 support level
RISK MANAGEMENT
Risk 1–2% per trade, maintain strict SL, and avoid overleveraging during volatile conditions.