Downloading...
Download

Magicusdtperp

MAGICUSDT Forming Falling WedgeMAGICUSDT is currently showing a promising technical structure as it breaks out of a classic falling wedge pattern on the daily chart. This pattern is widely recognized for its bullish implications, especially when accompanied by increased volume, as seen in recent trading sessions. The falling wedge breakout suggests a potential reversal from the previous downtrend, with a projected gain of 90% to 100%+ in the coming weeks if momentum continues to build. The Magic ecosystem, built around gaming and decentralized metaverse infrastructure, continues to attract investor interest due to its unique positioning in the Web3 and NFT sectors. With new partnerships and platform developments emerging, the fundamentals are aligning with the technicals for a potential significant rally. The current price action reflects a growing accumulation phase, indicating strong hands entering at lower levels. As altcoin recovery gains traction across the broader market, MAGIC is positioned to benefit from both renewed retail attention and institutional curiosity. A breakout above the wedge resistance line can serve as a confirmation trigger for long entries, with a clear risk-to-reward setup. Traders should keep an eye on volume confirmation and short-term resistance levels for scaling out opportunities as the price climbs. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX
#MAGIC/USDT Falling Wedge + Fib Confluence #MAGIC The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking strongly upwards and retesting it. We have support from the lower boundary of the descending channel at 0.1620. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside. There is a major support area in green at 0.1662, which represents a strong basis for the upside. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. We have a trend to hold above the 100 Moving Average. Entry price: 0.1780. First target: 0.1827. Second target: 0.1905. Third target: 0.1962. Don't forget a simple thing: ease and capital. When you reach your first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#MAGIC/USDT#MAGIC The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it. We have a bounce from the lower boundary of the descending channel, this support at 0. We have a downtrend on the RSI indicator that is about to break and retest, supporting the upside. There is a major support area in green at 0.1670, which represents a strong basis for the upside. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. We have a trend to hold above the 100 Moving Average. Entry price: 0.1700 First target: 0.1780 Second target: 0.1872 Third target: 0.1980 Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#MAGIC broke above the resistance!#MAGIC The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We have a bounce from the lower boundary of the descending channel. This support is at 0.1160. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside. There is a major support area in green at 0.1143, which represents a strong basis for the upside. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. We have a trend to hold above the 100 Moving Average. Entry price: 0.1181 First target: 0.1210 Second target: 0.1239 Third target: 0.1293 Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#MAGIC/USDT#MAGIC The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator that supports the upward move with a breakout. We have a support area at the lower limit of the channel at 0.1312, acting as strong support from which the price can rebound. Entry price: 0.1386 First target: 0.1426 Second target: 0.1480 Third target: 0.1547
Long
by CryptoAnalystSignal
#MAGIC/USDT#MAGIC The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward. We have a support area at the lower limit of the channel at 0.1533, acting as strong support from which the price can rebound. Entry price: 0.1560 First target: 0.1611 Second target: 0.1667 Third target: 0.1750
Long
by CryptoAnalystSignal
$MAGIC broke out!After weeks of grinding inside a falling channel, OMXTSE:MAGIC finally broke out with a sharp 20% move! - Channel breakout confirmed - Price reclaimed the support zone around $0.145 - Resistance zone ahead: $0.185–$0.20 Now it’s all about momentum. If bulls hold above the breakout area, we could see further continuation toward the upper resistance. Trade smart — avoid FOMO. To ride the wave further, wait for a retest or clear strength above resistance. This is how a clean technical structure plays out.
Long
by persis10t
#MAGIC/USDT#MAGIC The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator that supports the upward move with a breakout. We have a support area at the lower boundary of the channel at 0.2045, which acts as strong support from which the price can rebound. Entry price: 0.2060 First target: 0.2097 Second target: 0.2131 Third target: 0.2180
Long
by CryptoAnalystSignal
MAGIC/USDT LAST SCENARIOI would like to share the latest status of our chart and explain why I didn't enter at the previous levels of $0.76-$0.77. Since my target for this coin is over 30%, my priority is to enter positions with minimal risk to safely carry the position. What caught my attention, thanks to my alerts, was the consistent approach to our initial levels without breaking through. Currently, it has established that region as a support level. A break below that region would mean taking more than a 10% risk for me. Considering the target we have in mind, this isn't ideal. Those who wish can still enter from these levels gradually. However, for me, entering from the green area starting at $0.65, as you can see in the chart, seems much safer. With my alerts active, placing orders when it reaches that point and waiting for the targets to be achieved is the most prudent strategy. I hope we achieve maximum gains with minimum risk.
Long
by Entra_Academy
MAGIC/USDT AnalysisI'm excited to share an analysis on MAGICUSDT that appears quite promising. Currently on a bullish trend with consistent buy signals, Magic seems poised for an intriguing move. Taking into account recent Bitcoin movements, our projection places Magic in the highlighted zone captured in the attached photo, roughly ranging between $0.76 to $0.77. Trade Plan: Target Price: $0.76 - $0.77 Expected Gain: 30%+ Risk Management: 5% The risk-reward ratio is meticulously set at 5% risk for a potential gain exceeding 30%, a risk deemed acceptable given the current market conditions. For a detailed look at the potential stop scenario, please refer to the attached photo. It's important to clarify that this isn't financial advice but an analysis we believe deserves consideration. As always, your individual decision-making is crucial. Whether you choose to join the position or not, it should align with your own assessment of the market. Wishing everyone a profitable trade!
Long
by Entra_Academy
MAGICUSDT may head up for resistance around 0.8336-0.8520The price is trading in a zone where it experienced free fall on the recent drop a few day ago. The next resistance for the price is 4h resistance 4HR1 as marked on the chart. This resistance zone sits around 0.8336-0.8520. The probability of the price to aim for this 4h resistance is high. Therefore a long is favorable here. However, there is a reasonable probability of the price to revisit the support zone below specially 4h support 4HS1 and probably 4HS2. Therefore, a better entry for the long would be those levels.
Long
by angela_altair