MAGMA is battling a tight range under the daily downtrend, eyes on the next lower resistance level.
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🔴 $MAGMA SHORT 📉
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📍 Entry Range: $0.447302 – $0.448198
🛑 Stop Loss: $0.461182 (-3.0%)
🎯 TP1: $0.441034 (+1.5%)
🏆 TP2: $0.425362 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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The market structure broke lower, firing a CHoCH, while CVD turned sharply bearish confirming direction. An overlapping OB and FVG sits at the swing low, and a liquidity sweep just cleared the last buyers – solid short confluence.
A 3.0% stop is fairly tight on this pair; 5‑10x leverage keeps the trade under a 1% account risk.
Lock in half the profit once price reaches the first minor swing low target.
As always: manage your risk, this is not financial advice 🙏
$MAGMA #MAGMAUSDT #FedWatch #TradingSignals #Write2Earn
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🔴 $MAGMA SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.447302 – $0.448198
🛑 Stop Loss: $0.461182 (-3.0%)
🎯 TP1: $0.441034 (+1.5%)
🏆 TP2: $0.425362 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
The market structure broke lower, firing a CHoCH, while CVD turned sharply bearish confirming direction. An overlapping OB and FVG sits at the swing low, and a liquidity sweep just cleared the last buyers – solid short confluence.
A 3.0% stop is fairly tight on this pair; 5‑10x leverage keeps the trade under a 1% account risk.
Lock in half the profit once price reaches the first minor swing low target.
As always: manage your risk, this is not financial advice 🙏
$MAGMA #MAGMAUSDT #FedWatch #TradingSignals #Write2Earn