MAGIC – Building Energy for the Next Move?

23 Nis

Hey traders!

#MAGIC has shown strong volume over the past few days, and now it's consolidating sideways – hovering just above a key support zone. This kind of setup often signals that a bigger move is brewing... but which way?

Here’s what we’re watching:

✅ Support holding firm – buyers seem to be stepping in around this level.
✅ Volume remains healthy, indicating continued interest.
✅ Price is coiling, setting the stage for a potential breakout.

📌 Our Plan:
We’re eyeing a breakout above the resistance level for confirmation of the next leg up. Once that happens, we’ll look for a retest of the breakout zone as our entry point for a long position – backed by proper risk management, of course! 💯

🎯 Target: Previous highs
📉 Invalidation: Clear breakdown below support

What do you think? Are you watching MAGIC too? Drop your thoughts, charts, or setups below! Let’s build together. 🔥👇

#MAGIC #Altcoins #CryptoTrading #BreakoutSetup #PriceAction #SupportAndResistance #VolumeAnalysis #TradeSetup #TradingView #CryptoCommunity

25 Nis

İşlem aktif

Trade is active, MAGIC break the support level, and also retesting the support level, If u miss the trade this is the best buying price.

28 Nis

Not

Trade is active, move ur SL at 0.20. and wait for the TP.

30 Nis

İşlem kapandı: durdurma seviyesi

SL Hit