MyCryptoParadise_Simon

MAGIC/USDT bullish momentum from demand ? πŸ‘€πŸš€Magic Analysis

Long
BINANCE:MAGICUSDT   MAGIC / TetherUS
πŸ’Ž Paradisers, it's time to cast our focus on #MAGICUSDT, as it's currently displaying indications of a bullish continuation from its present demand zone.

πŸ’Ž From our previous observations, #Magic has shown a pattern of making an equal high trajectory followed by a decline. Currently, it's showing an increased likelihood of a bullish move from the demand level at $1.0557. If the price sustains its momentum at this level, we might witness a bullish climb towards the bearish Order Block (OB).

πŸ’Ž However, as astute traders, we always keep an eye out for alternative scenarios. If #MAGIC fails to hold the demand level at $1.0557, we should be prepared for a potential bullish rebound from a lower demand level at $0.9363. Be aware that breaking below this level could trigger a substantial downward trend.
Trade closed: target reached:
πŸ’Ž Nailed it again - #MAGICUSDT is up 72.81%, right on cue!
Comment:

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