🚨 $MAGMA SHORT SETUP | BIG CORRECTION AHEAD?
$MAGMA has enjoyed a strong rally but is now facing significant resistance near $0.430. If buyers lose momentum and price gets rejected, a corrective move could follow.
📉 SHORT TRADE SETUP
🔹 Entry: $0.420 – $0.425
🎯 TP1: $0.400
🎯 TP2: $0.380
🎯 Final Target: $0.350
🛑 Stop Loss: $0.470
⚠️ Important: MAGMA remains bullish on the 1H timeframe, making this a counter-trend short setup. Wait for a clear rejection near resistance before entering.
Manage your risk carefully and always use a stop loss. Avoid chasing the trade without confirmation.
Trade smart. Stay disciplined.
#MAGMA
#magmausdt
$MAGMA has enjoyed a strong rally but is now facing significant resistance near $0.430. If buyers lose momentum and price gets rejected, a corrective move could follow.
📉 SHORT TRADE SETUP
🔹 Entry: $0.420 – $0.425
🎯 TP1: $0.400
🎯 TP2: $0.380
🎯 Final Target: $0.350
🛑 Stop Loss: $0.470
⚠️ Important: MAGMA remains bullish on the 1H timeframe, making this a counter-trend short setup. Wait for a clear rejection near resistance before entering.
Manage your risk carefully and always use a stop loss. Avoid chasing the trade without confirmation.
Trade smart. Stay disciplined.
#MAGMA
#magmausdt
