Technical analysis by mudusir about Symbol MAGIC: Buy recommendation (4/23/2025)

Hey traders! #MAGIC has shown strong volume over the past few days, and now it's consolidating sideways – hovering just above a key support zone. This kind of setup often signals that a bigger move is brewing... but which way? Here’s what we’re watching:✅ Support holding firm – buyers seem to be stepping in around this level.✅ Volume remains healthy, indicating continued interest.✅ Price is coiling, setting the stage for a potential breakout.📌 Our Plan:We’re eyeing a breakout above the resistance level for confirmation of the next leg up. Once that happens, we’ll look for a retest of the breakout zone as our entry point for a long position – backed by proper risk management, of course! 💯🎯 Target: Previous highs📉 Invalidation: Clear breakdown below supportWhat do you think? Are you watching MAGIC too? Drop your thoughts, charts, or setups below! Let’s build together. 🔥👇#MAGIC #Altcoins #CryptoTrading #BreakoutSetup #PriceAction #SupportAndResistance #VolumeAnalysis #TradeSetup #TradingView #CryptoCommunityTrade is active, MAGIC break the support level, and also retesting the support level, If u miss the trade this is the best buying price.Trade is active, move ur SL at 0.20. and wait for the TP.SL Hit