📉 $MAGMA / USDT — SHORT SETUP
magma faced a strong rejection from the $0.33475 high and is now forming clear lower highs. On the 3m timeframe, price is trading below both the MA(7) and MA(25), signaling strong bearish momentum.
Entry Zone: $0.3010 – $0.3050
Target 1: $0.2920
Target 2: $0.2800
Stop Loss (SL): $0.3145 (Above MA25)
#MAGMAUSDT #cryptotrading #BinanceFutures #ShortTrade
$MAGMA $BTC
magma faced a strong rejection from the $0.33475 high and is now forming clear lower highs. On the 3m timeframe, price is trading below both the MA(7) and MA(25), signaling strong bearish momentum.
Entry Zone: $0.3010 – $0.3050
Target 1: $0.2920
Target 2: $0.2800
Stop Loss (SL): $0.3145 (Above MA25)
#MAGMAUSDT #cryptotrading #BinanceFutures #ShortTrade
$MAGMA $BTC
