ðĨ MAGIC Bullish Channel Bounce: Great Risk-Reward
MAGIC is one of the newer tokens on Binance, which always makes it an interesting high-volatility play.
After a massive move, MAGIC appears to be consolidating within a bullish channel. As of this morning, MAGIC has successfully bounced off the lower support of the channel.
I'm aiming for the top of the channel. However, consider taking some profits off the table around $1.90 or so.
After a massive move, MAGIC appears to be consolidating within a bullish channel. As of this morning, MAGIC has successfully bounced off the lower support of the channel.
I'm aiming for the top of the channel. However, consider taking some profits off the table around $1.90 or so.
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