$MAGMA has faced heavy selling pressure, dropping sharply from the 0.49 area and reaching a low of 0.3556. Price is now trying to recover slightly around 0.369, but the overall 1H structure remains bearish. The 0.393–0.400 zone is the first resistance to watch, while 0.442–0.445 remains a stronger rejection area. If sellers continue to control the move, a break below 0.3556 could push MAGMA toward 0.3440 and possibly lower. For now, I’m watching the recovery for a possible short opportunity.

Short MAGMA
Entry Zone: 0.390 – 0.430
Stop Loss: 0.450
Or Stoploss To Entry
TP1: 0.3556
TP2: 0.3440

Do your own research.
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