$MAGMA is breaking out — bulls are pushing toward the $0.26 resistance!
#MAGMA is showing strong bullish momentum on the 1H chart, climbing from the $0.235 zone toward $0.259. Buyers have taken control, but the $0.2617 resistance is the key level to watch next.
$MAGMA LONG SETUP
Entry: $0.2550 – $0.2590
TP1: $0.2620
TP2: $0.2660
TP3: $0.2720
SL: $0.2500
A confirmed breakout above $0.2617 could open the door to another leg up. If price gets rejected, expect a possible pullback toward support.
Will $MAGMA break $0.262 and continue its rally, or will sellers step in?
#MAGMA is showing strong bullish momentum on the 1H chart, climbing from the $0.235 zone toward $0.259. Buyers have taken control, but the $0.2617 resistance is the key level to watch next.
$MAGMA LONG SETUP
Entry: $0.2550 – $0.2590
TP1: $0.2620
TP2: $0.2660
TP3: $0.2720
SL: $0.2500
A confirmed breakout above $0.2617 could open the door to another leg up. If price gets rejected, expect a possible pullback toward support.
Will $MAGMA break $0.262 and continue its rally, or will sellers step in?