Cryptocurrency $MAGIC is once again demonstrating strong signs of a bullish trend. The price has effectively bounced off the support zone, forming powerful bullish candles, indicating active participation from buyers and increasing momentum.
For traders, this is an important signal: the market structure is shifting upwards, and as long as the price of MAGIC remains above support, the likelihood of further growth remains high.
Long position on $MAGIC
Entry zone (Buy): 0.1120 – 0.1140
Targets (Take Profit):
TP1: 0.1180
TP2: 0.1230
TP3: 0.1290
Stop-loss (Stop Loss): 0.1050
Market forecast and analysis
Momentum is gaining strength again, confirming a healthy continuation of the bullish trend $MAGIC . It is important for traders to ensure that the price remains above key support, as this is a main factor for sustaining growth.
Key points for investors and traders:
Active participation of buyers strengthens the bullish momentum.
The bounce from the support zone confirms growth potential.
Targets TP1–TP3 provide clear guidelines for exiting the position.
The stop-loss minimizes risks during possible corrections.
The cryptocurrency MAGIC continues to show strength in the market, and the current price structure indicates a confident upward movement. Keep an eye on updates and analysis of MAGIC to avoid missing trading and investment opportunities.
