US and Japan support yen

July 29, US Treasury and Japan intervened to buy yen, with Japan spending ¥8.45 trillion ($52.8B) and US buying $5-10B worth of yen to halt its decline.

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$MAGIC trades near $0.0427, showing renewed buying interest after stabilizing above key support. The critical support level sits around $0.0410, while resistance appears near $0.0450. If buyers manage to reclaim that resistance, the next target becomes $0.0480, followed by $0.0520. Technical momentum is improving, and the chart suggests growing confidence among bulls. While volatility remains possible, maintaining support increases the chances of a stronger breakout. Traders should watch closely because MAGIC could quickly shift into a more aggressive bullish trend if momentum continues building.

Support: $0.0410

Resistance: $0.0450

Next Target: $0.0480 → $0.0520



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$MAGIC

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$HTR trades around $0.00201, maintaining a positive structure after defending recent lows. Strong support remains near $0.00195, while immediate resistance is located around $0.00210. A breakout above resistance could drive the price toward $0.00225, followed by $0.00240 if bullish momentum strengthens further. The chart indicates improving buyer confidence, although confirmation through higher volume remains important. If market conditions remain supportive, HTR could deliver another steady upside move in the coming sessions.

Support: $0.00195

Resistance: $0.00210

Next Target: $0.00225 → $0.00240




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$HTR

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$GMX is changing hands around $6.17, showing encouraging strength after recent buying activity. Bulls have successfully defended the $6.00 support zone, keeping the short-term trend positive. The first major resistance is around $6.50, and clearing that level could open the door toward $7.00–$7.40. Trading volume will be the key factor determining whether this move becomes a sustained rally or another rejection. The chart suggests growing optimism, and traders should monitor price action carefully. If momentum continues to build, GMX may deliver one of the stronger recoveries among mid-cap crypto assets.

Support: $6.00

Resistance: $6.50

Next Target: $7.00 → $7.40



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$GMX

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$NEAR Over $13K in long positions were liquidated near $1.702.

Big liquidations often create the biggest opportunities for patient traders.

📊 Trade Setup

Position: Long (after confirmation)

🎯 EP: $1.695 – $1.705

🎯 TP1: $1.760

🎯 TP2: $1.830

🎯 TP3: $1.920

🛑 SL: $1.650

Analysis:

The $13.301K long liquidation around $1.702 indicates a significant liquidity grab. If buyers reclaim this zone with strong volume, NEAR could recover sharply.

$NEAR

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