#MAGIC/USDT Reversal in MAGICUSDT Accumulation Zone in Focus

3. Sept.

#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.

9. Sept.

Trade geschlossen: Ziel wurde erreicht

#MAGIC
First target: 0.2000 Reached
Second target: 0.2030 Reached
Third target: 0.2064 Reached