$MAGMA played out as expected following the 1h RSI overextension. The price successfully mean-reverted to the 1h MA7 for a clean 5% move. 📉 📉
$MOVR $XRP
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$MAGMA : MAGMA is looking very overextended on the hourly chart after that big run. I'm looking for a short scalp as it cools off, aiming for a drop back toward the 0.3510 area.