$MAGIC is pulling off a massive move, and you won’t want to miss what comes next!
As we can see in the image 125408.jpg, $MAGIC has experienced a sudden, explosive breakout on the 1-hour chart, surging over 15% from its recent consolidation floor. The price successfully blasted out of its previous tight trading range around 0.0400 and locked in a massive green candle that peaked at 0.0520. It is currently finding its footing and stabilizing just below that local peak, signaling that high momentum is flowing back into the asset.
Market Direction:Strong Bullish
Entry Zone:0.0450 – 0.0475 (waiting for a healthy retest of the breakout area)
Stop Loss:0.0425
TP1:0.0520
TP2: 0.0560
TP3: 0.0600
Keep a close eye on how the hourly candles close around this level, and manage your risk carefully as the volume settles in!
As we can see in the image 125408.jpg, $MAGIC has experienced a sudden, explosive breakout on the 1-hour chart, surging over 15% from its recent consolidation floor. The price successfully blasted out of its previous tight trading range around 0.0400 and locked in a massive green candle that peaked at 0.0520. It is currently finding its footing and stabilizing just below that local peak, signaling that high momentum is flowing back into the asset.
Market Direction:Strong Bullish
Entry Zone:0.0450 – 0.0475 (waiting for a healthy retest of the breakout area)
Stop Loss:0.0425
TP1:0.0520
TP2: 0.0560
TP3: 0.0600
Keep a close eye on how the hourly candles close around this level, and manage your risk carefully as the volume settles in!