$MAGMA — running hot into resistance, but starting to lose momentum

Trading plan Short $MAGMA

Entry: 0.140 – 0.148

SL: 0.156

TP1: 0.130

TP2: 0.118

TP3: 0.105

Price pushed up aggressively into this zone but the move is beginning to slow down. The upside isn’t expanding cleanly anymore, and each push is getting weaker. When a rally gets this extended and starts to stall near highs, it often leads to a pullback as sellers step in.

Trade $MAGMA here 👇

MAGMASui
MAGMAUSDT
0.225
+29.81%