#MAGIC/USDT Reversal in MAGICUSDT Accumulation Zone in Focus #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
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Breakout Above Resistance Could Fuel Strong Rally$MAGIC/USDT has been moving inside a clear structure where buyers and sellers are battling for control.
The major resistance line above has acted as a strong barrier multiple times, and a clean breakout here could open the door for a much stronger bullish move.
On the flip side, the ascending supp
MAGIC/USDT 4H Analysis !!
MAGIC is currently trading at $0.2376, showing a falling wedge structure with RSI breakout confirmation.
📊 Chart Overview:
Falling Wedge Pattern
The price is consolidating between a lower high and a higher low.
If it breaks to the upside, it is a bullish reversal pattern.
Support Area
Strong sup
Important resistance blocking the way to the ascent...Hello friends
Well, we have a downtrend, and you can see that we have drawn a resistance for it, and the price has hit this resistance twice.
After the second hit, the price has fallen to the specified support area, and in that area a double bottom pattern has formed, and the price has been support
#MAGIC/USDT Reversal in MAGICUSDT Accumulation Zone in Focus !#MAGIC
The price is moving within an ascending 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 ascending channel, at 0.2419.
We have a downtrend on the RSI indicator that is about to
#MAGIC/USDT Reversal in MAGICUSDT Accumulation Zone in Focus !#MAGIC
The price is moving within an ascending 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 ascending channel, at 0.2630.
We have a downtrend on the RSI indicator that is about to
MAGIC (SPOT)BINANCE:MAGICUSDT
#MAGIC / USDT
Entry range (0.240- 0.260)
SL 4H close below 0.230
T1 0.33
T2 0.39
T3 0.42
Extra Targets
T1 0.48
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Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your
Bullish Reversal in MAGICUSDT Accumulation Zone in FocusMAGICUSDT confirms a strong Adam & Eve reversal pattern with price successfully breaking above the neckline. The highlighted accumulation zone, which aligns with immediate demand, is the optimal re-entry area for positioning. The pattern projects a final target near $1.167, offering a clear bullish
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 ri
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 po
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of MAGIC / Tether (MAGIC) is 0.2077 USDT — it has fallen −2.28% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing MAGIC price chart.
MAGIC / Tether price has risen by 4.78% over the last week, its month performance shows a −30.22% decrease, and as for the last year, MAGIC / Tether has decreased by −39.25%. See more dynamics on MAGIC price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
MAGIC / Tether (MAGIC) reached its highest price on Feb 16, 2023 — it amounted to 2.4600 USDT. Find more insights on the MAGIC price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
MAGIC / Tether (MAGIC) reached the lowest price of 0.0648 USDT on Apr 7, 2025. View more MAGIC / Tether dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying MAGIC is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade MAGIC right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for MAGIC / Tether (MAGIC): today its technical analysis shows the buy signal, and according to the 1 week rating MAGIC shows the buy signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in MAGIC / Tether trading ideas and keep track of what's moving crypto markets with our crypto news feed.
MAGIC / Tether (MAGIC) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, MAGIC / Tether is estimated as 3.76% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about MAGIC / Tether, you can find more inspiration in our curated watchlists.
You can discuss MAGIC / Tether (MAGIC) with other users in our public chats, Minds or in the comments to Ideas.