$MAGMA /USDT SHORT SETUP
Entry Zone: $0.33800 – $0.34000
T1: $0.31317
T2: $0.27655
T3: $0.21666
Stop Loss: $0.35406
Chart Read:
Price is consolidating near $0.33860 after facing rejection around the $0.35406 resistance zone. The 4-hour timeframe shows lower highs following the pullback from previous highs. Selling pressure remains active as overhead supply defends current levels.
Key Watch:
Watch for a sustained breakdown below the $0.31317 support level.
This is my personal chart analysis for educational purposes only. Manage risk carefully. Not financial advice.
Entry Zone: $0.33800 – $0.34000
T1: $0.31317
T2: $0.27655
T3: $0.21666
Stop Loss: $0.35406
Chart Read:
Price is consolidating near $0.33860 after facing rejection around the $0.35406 resistance zone. The 4-hour timeframe shows lower highs following the pullback from previous highs. Selling pressure remains active as overhead supply defends current levels.
Key Watch:
Watch for a sustained breakdown below the $0.31317 support level.
This is my personal chart analysis for educational purposes only. Manage risk carefully. Not financial advice.