$MAGMA
USDT Perp is in a bullish expansion (+37.87%), breaking out from consolidated range compression near $0.390 to hit a high of $0.42736. Price trades above key moving averages MA(7) ($0.40680) and MA(25) ($0.39344) with healthy buying volume (52.73% Bids). A pullback into the MA(7) dynamic demand zone offers an institutional long entry before sweeping trapped shorts resting above $0.42736.
🎯 Trade Setup
Direction: LONG
Entry Zone $0.4050 – $0.4150
Take Profit 1 $0.4273
Take Profit 2 $0.4450
Take Profit 3 $0.4700
Stop Loss $0.3900
Risk : Reward 1.6
Trade Type Scalp
#MAGMASHORT
USDT Perp is in a bullish expansion (+37.87%), breaking out from consolidated range compression near $0.390 to hit a high of $0.42736. Price trades above key moving averages MA(7) ($0.40680) and MA(25) ($0.39344) with healthy buying volume (52.73% Bids). A pullback into the MA(7) dynamic demand zone offers an institutional long entry before sweeping trapped shorts resting above $0.42736.
🎯 Trade Setup
Direction: LONG
Entry Zone $0.4050 – $0.4150
Take Profit 1 $0.4273
Take Profit 2 $0.4450
Take Profit 3 $0.4700
Stop Loss $0.3900
Risk : Reward 1.6
Trade Type Scalp
#MAGMASHORT
