$MAGMA long — Massive V-shaped recovery, targeting $0.350 🚀
MAGMA is showing absolute dominance today, pumping over 25% and hitting a new local high of $0.329. After a quick dip to $0.243, buyers aggressively stepped back in with huge volume, creating a V-shaped recovery. The price is riding high above all key moving averages with a 59% buy wall. A clean 1H close above the $0.3300 resistance will confirm the next leg up.
Entry: 1H close above $0.3300
SL: Below $0.2950 (Under MA 7 support)
Target 1: $0.3400
Target 2: $0.3500
If $0.2950 breaks down, the setup is invalid — cut your losses.
$MAGMA
DYOR. NFA. Parabolic moves are highly volatile, use strict risk management.
#MAGMA #TradeIdea #IMPACTbyTrade
MAGMA is showing absolute dominance today, pumping over 25% and hitting a new local high of $0.329. After a quick dip to $0.243, buyers aggressively stepped back in with huge volume, creating a V-shaped recovery. The price is riding high above all key moving averages with a 59% buy wall. A clean 1H close above the $0.3300 resistance will confirm the next leg up.
Entry: 1H close above $0.3300
SL: Below $0.2950 (Under MA 7 support)
Target 1: $0.3400
Target 2: $0.3500
If $0.2950 breaks down, the setup is invalid — cut your losses.
$MAGMA
DYOR. NFA. Parabolic moves are highly volatile, use strict risk management.
#MAGMA #TradeIdea #IMPACTbyTrade