👀 $MAGMA — A pullback into key support after exhaustion could be the final entry before the next leg up.
🟢 $MAGMA - LONG
📋 Trade Plan:
Entry: 0.31413688 – 0.31581
SL: 0.3035
TP1: 0.3348
TP2: 0.343
TP3: 0.3478
📊 Why this setup?
$MAGMA remains in a strong uptrend, trading well above the rising EMA34/EMA89 structure. The recent rejection at 0.3477 marked a short-term exhaustion point, and price is now retracing into the 0.307–0.31 support zone. This momentum dip offers a high-probability long continuation, with the next target cluster sitting at 0.3348–0.3478.
💬 Will buyers defend this support zone, or does a deeper retrace open up before the next push?
👉 Click here to Trade 👇️
🟢 $MAGMA - LONG
📋 Trade Plan:
Entry: 0.31413688 – 0.31581
SL: 0.3035
TP1: 0.3348
TP2: 0.343
TP3: 0.3478
📊 Why this setup?
$MAGMA remains in a strong uptrend, trading well above the rising EMA34/EMA89 structure. The recent rejection at 0.3477 marked a short-term exhaustion point, and price is now retracing into the 0.307–0.31 support zone. This momentum dip offers a high-probability long continuation, with the next target cluster sitting at 0.3348–0.3478.
💬 Will buyers defend this support zone, or does a deeper retrace open up before the next push?
👉 Click here to Trade 👇️