MAGIC went through an accumulation period, ranging between 0.03714 and 0.04768 and soon started Elliot wave 1, formed 2 , 3 and is heading to finish wave 4 to explode to 5.
I'm watching MAGIC hold above the 200-day moving average. Which is $0.04310. This is a critical level, that is, a powerful support that we cannot leave unnoticed.
Here are the supports and resistances in the 4H:
Main support levels : 0.05379 /0.04768 / 0.04310
Main Resistance Levels :0.05884 / 0.06289
MM200: At the height of 0.04310
MAGIC is the currency of the Treasure ecosystem that serves as money between the metaverses within the common economic layer, it was designed to be increasingly scarce as it weaves an ever-growing web of narrative bridges within the Treasure metaverse ecosystem.
I'm watching MAGIC hold above the 200-day moving average. Which is $0.04310. This is a critical level, that is, a powerful support that we cannot leave unnoticed.
Here are the supports and resistances in the 4H:
Main support levels : 0.05379 /0.04768 / 0.04310
Main Resistance Levels :0.05884 / 0.06289
MM200: At the height of 0.04310
MAGIC is the currency of the Treasure ecosystem that serves as money between the metaverses within the common economic layer, it was designed to be increasingly scarce as it weaves an ever-growing web of narrative bridges within the Treasure metaverse ecosystem.