Is #MAGIC About to Skyrocket? Key Demand Zone Approaching
Yello, Paradisers! Are you ready for the next big move in #MAGIC? Let's dive into the latest analysis of the #Treasure and find out what will happen next:
đź’Ž#MAGIC is currently trading in a descending channel, but the price is approaching a key demand zone, setting the stage for a possible bullish breakout.
đź’ŽRight now, #Treasure is adhering to a descending resistance pattern. However, it's now on the verge of breaking out, especially if it taps into the critical demand level of $0.464. Should the price maintain strong momentum here, we could see #MAGICUSDT breaking through the descending resistance and targeting the major supply area at $0.94.
đź’ŽA successful breach above this supply area could lead to a significant bullish move, pushing the price towards a strong resistance zone.
đź’ŽOn the other hand, if #MAGICUSDT loses momentum and faces rejection at the supply area, we may see a bullish rebound from the lower strong support at $0.39-$0.43.
đź’ŽHowever, falling below this level could signal a prolonged bearish trend, and
MAGIC will keep moving within a descending channel.
Stay focused, patient, and disciplined, Paradisers!
MyCryptoParadise
iFeel the success🌴
đź’Ž#MAGIC is currently trading in a descending channel, but the price is approaching a key demand zone, setting the stage for a possible bullish breakout.
đź’ŽRight now, #Treasure is adhering to a descending resistance pattern. However, it's now on the verge of breaking out, especially if it taps into the critical demand level of $0.464. Should the price maintain strong momentum here, we could see #MAGICUSDT breaking through the descending resistance and targeting the major supply area at $0.94.
đź’ŽA successful breach above this supply area could lead to a significant bullish move, pushing the price towards a strong resistance zone.
đź’ŽOn the other hand, if #MAGICUSDT loses momentum and faces rejection at the supply area, we may see a bullish rebound from the lower strong support at $0.39-$0.43.
đź’ŽHowever, falling below this level could signal a prolonged bearish trend, and
MAGIC will keep moving within a descending channel.Stay focused, patient, and disciplined, Paradisers!
MyCryptoParadise
iFeel the success🌴
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Follow a team of traders with 10+ years of experience?
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🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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