#Magic 1D chart

27 de jul.

MAGIC 1D chart;

The first thing that catches our eye is that the price is back to the December 2022 level where it was listed

The highest level it has ever seen is 5x

It is currently in the bargain zone and it is possible to say that the price is working strongly at the lowest support level of $0.4142

As long as it does not lose this place, there does not seem to be a problem.

After the squeeze with the falling trend lines, it is possible to see a sharp upward movement if the market allows.

In the short term, $ 1 can be considered as the first target.