Technical analysis by CryptoAnalystSignal about Symbol MAGIC: Buy recommendation (9/3/2025)

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