Guys, $MAGMA has made a strong +21% move and is now showing rejection from the $0.24–$0.26 area. If sellers confirm the rejection, a pullback toward the lower support zones could develop.
This could be a good short opportunity, but wait for confirmation before entry.
Trade Setup
Entry Range: $0.2299 – $0.2559
Target 1: $0.2200
Target 2: $0.2000
Target 3: $0.1800
Stop Loss: $0.2600
This could be a good short opportunity, but wait for confirmation before entry.
Trade Setup
Entry Range: $0.2299 – $0.2559
Target 1: $0.2200
Target 2: $0.2000
Target 3: $0.1800
Stop Loss: $0.2600
