$MAGMA is up +38.90%, but smart traders are caught in a major squeeze!

🟢 Long positions — $1.29M
🔴 Short positions — $689.66K

193 traders are LONG (B)
160 traders are SHORT (S)

But here’s the key 👇

🔴 Shorts — +$13.698K unrealized profit
🟢 Longs — -$269.047K unrealized loss

Only 43.00% of longs are profitable, while 48.75% of shorts are in profit despite the massive price surge.

Longs are sitting on massive underwater positions with over $269K in losses, while shorts are holding firm in profit. If $MAGMA drops further or fails to break higher, long liquidations could trigger even more downside pressure. 🚀📉

Keep $MAGMA on your radar. 👀

#MAGMA #Crypto #Trading #Binance #CryptoAnalysis