$MAGMA USDT Faces Further Downside After a Strong Bearish Rejection
Trade Setup: SHORT
Entry Zone: 0.2780–0.2820
TP1: 0.2700
TP2: 0.2600
TP3: 0.2500
SL: 0.2950
Market Setup: Price is showing strong bearish pressure after rejection from higher resistance levels. The daily chart indicates a clear downward move, with sellers maintaining control. A breakdown below 0.2640 could trigger further downside toward lower support zones.
Trade Setup: SHORT
Entry Zone: 0.2780–0.2820
TP1: 0.2700
TP2: 0.2600
TP3: 0.2500
SL: 0.2950
Market Setup: Price is showing strong bearish pressure after rejection from higher resistance levels. The daily chart indicates a clear downward move, with sellers maintaining control. A breakdown below 0.2640 could trigger further downside toward lower support zones.
