MAGIC / TetherUS
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#MAGIC/USDT Reversal in MAGICUSDT Accumulation Zone in Focus

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#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 bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.

There is a major support area in green at 0.1950, which represents a strong support point.

For inquiries, please leave a comment.

We are in a consolidation trend above the 100 Moving Average.

Entry price: 0.1974
First target: 0.2000
Second target: 0.2030
Third target: 0.2064

Don't forget a simple matter: capital management.

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.
Dagangan ditutup: sasaran tercapai
syot kilat
#MAGIC
First target: 0.2000 Reached
Second target: 0.2030 Reached
Third target: 0.2064 Reached

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.