๐น $MAGIC /USDT โ Trade Setup (Long)
Entry Zone: 0.1180 โ 0.1220
Target 1: 0.1320
Target 2: 0.1410
Target 3: 0.1510
Stop Loss: 0.1090
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๐ Technical Outlook:
MAGIC has just broken out from a multi-week downtrend, with strong 4H volume confirming bullish intent.
The move from 0.102 โ 0.151 shows early accumulation followed by momentum ignition โ likely AI narrative rotation.
Immediate resistance sits around 0.132 โ 0.135, a zone to watch for partial take-profits.
A clean retest near 0.12 would be a healthy confirmation entry before the next upward impulse.
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โ๏ธ Risk & Momentum Notes:
Place stop below 0.109 to protect against fakeouts.
If price sustains above 0.13, expect momentum continuation to 0.1510+.
Maintain a 2โ3% capital risk and use a trailing stop once Target 1 hits.
