Technical analysis by Alpha-GoldFX about Symbol MAGIC: Buy recommendation (10/17/2025)

MAGICUSDT is currently displaying a strong falling wedge pattern a classic bullish reversal setup that often precedes significant upward momentum. After a period of consistent consolidation and price compression, the pattern indicates that sellers are losing control while buying pressure quietly builds up. The volume remains strong, showing growing interest from traders and investors alike. With the wedge nearing its breakout point, a powerful rally could be on the horizon, with potential gains between 190% and 200%+ if momentum accelerates as expected. The current technical structure of MAGICUSDT reflects a period of accumulation, where smart investors are positioning early in anticipation of a trend reversal. Once the upper resistance of the wedge is broken with convincing volume, it may trigger a surge in bullish momentum, driving prices sharply higher. This potential breakout could mark the start of a long-awaited recovery phase, making it a key setup to watch closely for medium to long-term traders. Market sentiment around MAGICUSDT is turning increasingly positive as investor confidence strengthens across the crypto market. Technical indicators show early signs of a momentum shift, supported by higher trading volume and renewed interest from whales and institutional players. If confirmed, the breakout could open doors for a sustained rally, creating one of the most exciting setups currently forming in the altcoin market. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!