Is #MAGIC About to Skyrocket? Key Demand Zone Approaching

31 ביולי

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:

💎#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.

💎Right 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.

💎A successful breach above this supply area could lead to a significant bullish move, pushing the price towards a strong resistance zone.

💎On 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.

💎However, 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🌴