$MAGMA /USDT Long Setup
Buyers are defending higher lows on the 4H timeframe as price stabilizes above recent intraday support.
Entry Zone: 0.30407 – 0.32127
TP1: 0.34091
TP2: 0.41940
TP3: 0.50378
SL: 0.25064
Reason:
• Clear higher low structure formed above the 0.18544 bottom.
• Strong recovery bounce off recent swing lows toward 0.32127.
• Healthy 48.55M 24h volume backing current consolidation.
• Buyers holding above the 0.30407 24h low.
• Room to retest upper resistance levels if 0.33502 breaks.
For educational purposes only, not financial advice.
Buyers are defending higher lows on the 4H timeframe as price stabilizes above recent intraday support.
Entry Zone: 0.30407 – 0.32127
TP1: 0.34091
TP2: 0.41940
TP3: 0.50378
SL: 0.25064
Reason:
• Clear higher low structure formed above the 0.18544 bottom.
• Strong recovery bounce off recent swing lows toward 0.32127.
• Healthy 48.55M 24h volume backing current consolidation.
• Buyers holding above the 0.30407 24h low.
• Room to retest upper resistance levels if 0.33502 breaks.
For educational purposes only, not financial advice.