$MAGMA USDT — Long
The price has strongly awakened after a prolonged consolidation, breaking upward with notable volume and forming clearly marked higher lows. The momentum is sustained, and the pullbacks that appear are brief, indicating that buy interest continues to dominate.
Trading plan
Entry: 0.2350 – 0.24245
Stop Loss: 0.2100
Target 1: 0.2680
Target 2: 0.2950
Target 3: 0.3240
Why this scenario
The breakout above the previous resistance zone has turned that same zone into dynamic support. As long as it holds above 0.2100, continuation toward higher levels is the most likely scenario.#Binance
The price has strongly awakened after a prolonged consolidation, breaking upward with notable volume and forming clearly marked higher lows. The momentum is sustained, and the pullbacks that appear are brief, indicating that buy interest continues to dominate.
Trading plan
Entry: 0.2350 – 0.24245
Stop Loss: 0.2100
Target 1: 0.2680
Target 2: 0.2950
Target 3: 0.3240
Why this scenario
The breakout above the previous resistance zone has turned that same zone into dynamic support. As long as it holds above 0.2100, continuation toward higher levels is the most likely scenario.#Binance
