Guys $MAGMA is setting up a solid trend continuation here ⚡
Entry: 0.4245 - 0.4255
🎯 TP1: 0.4323
🎯 TP2: 0.4450
Price is holding firmly above both key moving averages with open interest steadily expanding over the last few hours. Shorts are currently squeezed into the majority position, which could fuel the next leg up.
If buyers push past the 0.4323 resistance level, momentum should accelerate fast.
Let's keep an eye on this move 👀
Entry: 0.4245 - 0.4255
🎯 TP1: 0.4323
🎯 TP2: 0.4450
Price is holding firmly above both key moving averages with open interest steadily expanding over the last few hours. Shorts are currently squeezed into the majority position, which could fuel the next leg up.
If buyers push past the 0.4323 resistance level, momentum should accelerate fast.
Let's keep an eye on this move 👀