🪙 ASSET $MAGMA
🔴 SHORT | Binance Perpetual | 4H
📈 Pump 0.16382→0.51314. Price at 0.50479 is above BOLL UP 0.48000. RSI(6) at 95.50726 — overbought. MACD at 0.01993 is bullish. Supertrend green at 0.37419. Correction potential following parabolic growth.
📐 FIBONACCI 🔹 0.0 — 0.51314 🔹 0.236 — 0.43070 🔹 0.382 — 0.37970 🔹 0.5 — 0.33848 🔹 0.618 — 0.29726 🔹 0.786 — 0.23857 🔹 1.0 — 0.16382
🎯 Setup: SHORT on retest of the high 0.51314 following overbought conditions and BOLL UP breakout.
🔴 Entry: 0.50479 (market) / limit 0.51314 (retest of high)
🛑 Stop-Loss: 0.53000 (above 24h max 0.51314)
🔴 TP1: 0.48000 (BOLL UP — partial take profit)
🔴 TP2: 0.43070 (0.236 Fib — extension)
🔴 TP3: 0.37970 (0.382 Fib — full extension)
🔑 Key Levels
🔵 Bottom: 0.16382 (global low)
🔴 Resistance: 0.51314 (24h max / local high)
🟢 Support: 0.48000 (BOLL UP)
🟡 Support: 0.43070 (0.236 Fib)
🟣 Support: 0.37970 (0.382 Fib)
⚠️ Disclaimer: Not financial advice!
🪙 $MAGMA
🔴 SHORT | Binance Perpetual | 4H
📈 Pump 0.16382→0.51314. Price at 0.50479 is above BOLL UP 0.48000. RSI(6) at 95.50726 — overbought. MACD at 0.01993 is bullish. Supertrend green at 0.37419. Correction potential following parabolic growth.
📐 FIBONACCI 🔹 0.0 — 0.51314 🔹 0.236 — 0.43070 🔹 0.382 — 0.37970 🔹 0.5 — 0.33848 🔹 0.618 — 0.29726 🔹 0.786 — 0.23857 🔹 1.0 — 0.16382
🎯 Setup: SHORT on retest of the high 0.51314 following overbought conditions and BOLL UP breakout.
🔴 Entry: 0.50479 (market) / limit 0.51314 (retest of high)
🛑 Stop-Loss: 0.53000 (above 24h max 0.51314)
🔴 TP1: 0.48000 (BOLL UP — partial take profit)
🔴 TP2: 0.43070 (0.236 Fib — extension)
🔴 TP3: 0.37970 (0.382 Fib — full extension)
🔑 Key Levels
🔵 Bottom: 0.16382 (global low)
🔴 Resistance: 0.51314 (24h max / local high)
🟢 Support: 0.48000 (BOLL UP)
🟡 Support: 0.43070 (0.236 Fib)
🟣 Support: 0.37970 (0.382 Fib)
⚠️ Disclaimer: Not financial advice!
🪙 $MAGMA