MAGIC Buy/Long Setup (1D)On the chart, an important trigger line has been broken. A strong bullish CH (Change of Character) is also visible on the chart.
The green zone is a low-risk area for a rebuy.
Targets are marked on the chart.
A daily candle close below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
MAGICUSDT
MAGIC / USDT : Bullish breakout alert
MAGIC/USDT has recently broken its descending trendline, signaling potential for a 35 - 50% upside move in the coming weeks. This breakout could lead to significant growth if the bullish momentum continues!
Key Point: A solid retest above the breakout zone will confirm the uptrend, targeting a potential rise of up to 0.25. Stay alert!
MAGIC (SPOT)BINANCE:MAGICUSDT
#MAGIC / USDT
Entry range (0.150- 0.160) **** Wait for the price to come to the entry range ****
SL 4H close below 0.145
T1 0.210
T2 0.250
T3 0.280
Extra Targets
T1 0.380
T2 0.450
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Golden Advices.
********************
* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
MAGIC / USDT – Symmetrical Triangle Breakout | Pullback OpportunMAGIC has recently broken out of a symmetrical triangle pattern that had been forming for several months. The breakout occurred with strong bullish volume and was accompanied by an RSI breakout above its MA, suggesting solid momentum behind the move.
📏 Technical Notes:
A descending dynamic resistance has been finally broken.
The price has clearly exited the symmetrical triangle, which often leads to explosive moves.
According to the height of the triangle’s base (~0.22), a technical target of around 0.45–0.47 can be projected.
📉 Possible Pullback:
A retest of the breakout zone around 0.20–0.21 is likely before continuation. This area also aligns with the upper triangle boundary, now turned into support.
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🎯 Bullish Targets (Based on Triangle Breakout):
TP1: 0.30
TP2: 0.42
TP3: 0.47 (Full triangle target)
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🛑 Stop Loss Suggestion:
Below 0.19, if the breakout fails and the price falls back into the triangle.
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📊 Indicators:
RSI above 70 with bullish crossover.
Volume spike during breakout confirms institutional or whale interest.
MAGICUSDT Forming Falling WedgeMAGICUSDT is currently forming a classic Falling Wedge Pattern, a bullish reversal setup that often indicates a trend shift from bearish to bullish. This pattern is characterized by converging trendlines that slope downward, with declining volume throughout its formation—a sign that selling pressure is gradually decreasing. The breakout from this structure is typically explosive, making this setup highly attractive to traders looking for high-reward opportunities.
Volume on MAGICUSDT remains strong, a vital confirmation for the validity of the wedge pattern. Sustained buying volume after a breakout often signals the beginning of a substantial rally. As of now, MAGIC appears poised to challenge resistance levels, and if the breakout occurs, we could see a price surge of 90% to 100% or more, aligning with historical wedge breakouts in crypto markets.
The broader sentiment around the MAGIC ecosystem is also showing positive momentum. As a key player in the decentralized gaming and NFT infrastructure space, MAGIC has consistently drawn attention from investors who believe in the long-term potential of Web3 gaming. Its integration with various metaverse projects and innovative use cases continues to attract both developers and traders.
This combination of bullish technical structure, growing trading interest, and strong fundamentals makes MAGICUSDT one of the more promising setups in the current market cycle. Keep an eye on key breakout levels, as the next leg up could come with swift and significant price movement.
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MAGIC Bearish DivergenceBINANCE:MAGICUSDT
Trade Setup:
Target 1: 0.2416(0.786 Fibonnaci Golden Zone).
Target 2: 0.2195 (0.618 Fibonnaci Golden Zone).
Target 3: 0.2040 (0.5 Fibonnaci Golden Zone).
Target 4: 0.1382 (0 Fibonnaci).
Stop Loss: 0.2979 (1.272 Fibonacci).
The RSI is at 84.33, indicating overbought conditions (above 70), which suggests a potential reversal or consolidation may be near unless the trend strengthens further.
magic short Long upper wicks (like inverted hammers or shooting stars)
Multiple candles failing to close above $0.21–0.215
Bearish volume spike with price stalling = aggressive sellers
Low volume stall = buyers exhausted
Dropping from above 70
Bearish divergence vs price
You can consider a short with a tight stop just above $0.215–0.22
Targets: $0.1980 → $0.1880 → $0.1780
#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.
#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 strongly upwards and retesting it.
We have support from the lower boundary of the descending channel, at 0.1474.
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 0.1700, 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: 0.1800.
First target: 0.1837.
Second target: 0.1900.
Third target: 0.1958.
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.
#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 strongly upwards and retesting it.
We have support from the lower boundary of the descending channel, at 0.1560.
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 0.1555, 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: 0.1600.
First target: 0.1640.
Second target: 0.1677.
Third target: 0.1719.
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.
MAGIC/ USDT: Retest is in progress, keep a watch on confirmationMAGIC / USDT has broken out from the Trendline resistance and retest is still in progress . However, the market conditions are not ideal right now.
Bullish scenario : If the price holds above the breakout level and the retest is confirmed, the next target could be 0.19–0.21.
Bearish scenario : A failure to maintain above the breakout level may lead to a drop back to 0.15 or 0.13.
Pro Tip: Use tight stop-losses below the breakout point. Wait for confirmation before committing larger positions. Keep an eye on BTC dominance
#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.
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.
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#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.
#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
#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
MAGICUSDT Forming Falling WedgeMAGICUSDT is currently showing a highly promising technical setup with the formation of a falling wedge pattern, a historically reliable bullish reversal signal. This pattern, defined by converging trendlines sloping downward, typically signals a pause in a larger bullish trend and sets the stage for a significant upward breakout. MAGICUSDT appears to be nearing the breakout zone, and volume activity has started to increase, signaling growing accumulation and investor interest in this project.
The falling wedge is not just a visual pattern but a psychological reflection of reduced selling pressure and the potential for strong buyer interest once resistance levels are broken. With price compression occurring and the wedge tightening, MAGICUSDT could be poised for an explosive move. Historical breakouts from similar setups have often led to price increases ranging from 90% to 100%, making this a very attractive risk-reward trade for swing and position traders alike.
Beyond the technicals, market sentiment for MAGICUSDT is strengthening. The project continues to draw attention from retail traders and analysts across social media and trading platforms. This renewed focus could act as a catalyst for price momentum, especially as breakout traders and algorithmic systems begin to identify the wedge formation and position themselves accordingly.
In conclusion, MAGICUSDT offers a compelling opportunity for those watching for technically sound breakouts with strong upside potential. With volume confirming the pattern and price action pressing against the upper resistance, the setup suggests a breakout may be imminent. Keep this pair on your radar as it could be preparing for a major rally in the days ahead.
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✅ Leaving a comment below! (What is You opinion about this Coin)
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$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.
Magic: Higher Low, Falling Wedge & Bullish Continuation (1,046%)It seems like forever, but it is worth it because of the huge potential for growth.
The falling wedge pattern is a classic, we haven't been seeing that many recently and here we have one.
The initial breakout in April only lasted two weeks. MAGICUSDT peaked 21-April and started a long retrace, this retrace as always happens ends in a higher low. The candles formed a falling wedge pattern which can be used as a bullish reversal signal.
As the breakout from the pattern happens today, we can see trading volume going up. The highest volume since April. This high volume confirms this move being real and we can expect additional growth.
The following targets can be hit within 1-3 months. So these are huge numbers watch:
» $1.14 Gives 626%.
» $1.80 Gives 1,046%.
» $0.4759 Gives 203%.
These are great numbers, nice potential for growth. The last target can be hit short-term, within thirty days. It can be less.
Thank you for reading.
Your support is truly appreciated.
I hope we can continue to exchange for the long-term.
You give me attention, and I give you knowledge and great trading opportunities.
Namaste.
$MAGIC Trade Setup Alert!Bull flag breakout on OMXTSE:MAGIC — and we’re eyeing a beautiful move next! 👀📈
Price is testing breakout levels right now with solid bullish momentum.
🎯 Targets:
• TP1: $0.2037
• TP2: $0.2731
• TP3: $0.3996+
🛑 SL: $0.1547
📌 Entry Zone: Around $0.1710
Breakout traders, this is your cue!