๐ Technical Overview:
MAGIC (MAGIC): Priced at $1.27 on the 12-hour timeframe.
Appears to have retraced to a previous support area.
Next resistance at $1.50.
Stochastic RSI and RSI both indicate a potential reversal and move higher.
๐ Trade Strategy:
Trade Opportunity: Awaiting a potential move higher.
Next Resistance: $1.50.
๐จ Note: Market dynamics may influence outcomes.
Awaiting the magic to unfold! ๐ฎ๐ #MAGIC #TradeAnalysis #Cryptocurrency ๐๐น
MAGIC (MAGIC): Priced at $1.27 on the 12-hour timeframe.
Appears to have retraced to a previous support area.
Next resistance at $1.50.
Stochastic RSI and RSI both indicate a potential reversal and move higher.
๐ Trade Strategy:
Trade Opportunity: Awaiting a potential move higher.
Next Resistance: $1.50.
๐จ Note: Market dynamics may influence outcomes.
Awaiting the magic to unfold! ๐ฎ๐ #MAGIC #TradeAnalysis #Cryptocurrency ๐๐น