$MAGIC JUST BLASTED 15% — NOW RETESTING THE BREAKOUT ZONE 🔥
Entry: 0.0450 - 0.0475 🔥
Target: 0.0520 🚀
Stop Loss: 0.0425 ⚠️
That move out of the 0.0400 range was violent — a single hourly candle shot straight to 0.0520. Price is now pulling back into the old resistance area, which is exactly where I look for a clean retest to go long. Volume is still elevated and the momentum hasn't faded.
Waiting for a bid at that zone gives me a tight stop and a clear path to the first target. Are you hopping in on the retest or chasing the high?
Not financial advice. Always manage your risk.
#MAGIC #BreakoutTrade #LongSetup #Altcoins #Crypto
🔥
Entry: 0.0450 - 0.0475 🔥
Target: 0.0520 🚀
Stop Loss: 0.0425 ⚠️
That move out of the 0.0400 range was violent — a single hourly candle shot straight to 0.0520. Price is now pulling back into the old resistance area, which is exactly where I look for a clean retest to go long. Volume is still elevated and the momentum hasn't faded.
Waiting for a bid at that zone gives me a tight stop and a clear path to the first target. Are you hopping in on the retest or chasing the high?
Not financial advice. Always manage your risk.
#MAGIC #BreakoutTrade #LongSetup #Altcoins #Crypto
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