$MAGMA SHORT TRADE 📉

Strategy rating: ★☆☆☆☆ (40% winning trades, last 14 days)

$MAGMA went vertical. Now gravity gets its turn.

Entry: 0.4299

TP1: 0.3654
TP2: 0.3009

SL: 0.4651

After a +23% run in 24h, $MAGMA is stretched far above its averages.

The rally is losing steam: higher highs are getting smaller and buyers are struggling to keep the price up.

If 0.3654 breaks, the next targets are 0.3009 and 0.3009. Above 0.4651 the short is no longer valid.

Not financial advice. DYOR.

#MAGMAUSDT #CryptoSignals #ShortSignal #Write2Earn