$MAGMA is trading at 0.43272, up +19.23% over the last 24 hours, maintaining strong bullish momentum above key moving averages including the MA(7) at 0.42728, MA(25) at 0.40756, and MA(99) at 0.32232 after advancing from the 0.35090 support level toward its 0.43777 high.
🔥 Bias: Long $MAGMA
* Entry range: $0.41500 – $0.43300
* SL: $0.38500
* TP 1: $0.46500
* TP 2: $0.50000
* TP 3: $0.54000
Price action shows continuous upward momentum following a solid reversal from the 0.35090 support region. The asset continues to hold firm structural support above short-term and long-term moving averages while pressing against immediate resistance near 0.43770. This technical setup strongly favors an upward expansion toward higher resistance targets as long as support near 0.41000 is sustained.
🔥 Bias: Long $MAGMA
* Entry range: $0.41500 – $0.43300
* SL: $0.38500
* TP 1: $0.46500
* TP 2: $0.50000
* TP 3: $0.54000
Price action shows continuous upward momentum following a solid reversal from the 0.35090 support region. The asset continues to hold firm structural support above short-term and long-term moving averages while pressing against immediate resistance near 0.43770. This technical setup strongly favors an upward expansion toward higher resistance targets as long as support near 0.41000 is sustained.
