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Magic is breaking out of a long-term falling wedge pattern, a classic bullish reversal setup. With clear support at $0.125 and resistance at $0.2120 breached, this chart implies a potential 167% upside move toward the $0.36+ zone. Momentum building
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.