Current Price$MAGMA : 0.6120 (+40% approximately within 24 hours).
• ✅ The trend is still bullish, and the candles are above the Parabolic SAR indicator, supporting the continuation of the rise.
• ⚠️ RSI is around 79, meaning the coin is in an overbought zone, so a correction or profit-taking may happen at any time.
• ⚠️ MACD has started to weaken, and momentum is no longer as strong as it was at the beginning of the rally.
Resistances:
• 0.6175 (the current peak).
• If it breaks through with a good close, it may target 0.63 – 0.65.
Supports:
• 0.583
• then 0.56
• If 0.56 is broken, it may increase the likelihood of a decline أعم#USStocksFirstOutflowSinceMarch #USStocksFirstOutflowSinceMarch #AppleFalls6.1% #USEquityFundsSee$8.5BOutflow #KoreaActivatesSidecarAsKOSPI200FuturesFall5%
• ✅ The trend is still bullish, and the candles are above the Parabolic SAR indicator, supporting the continuation of the rise.
• ⚠️ RSI is around 79, meaning the coin is in an overbought zone, so a correction or profit-taking may happen at any time.
• ⚠️ MACD has started to weaken, and momentum is no longer as strong as it was at the beginning of the rally.
Resistances:
• 0.6175 (the current peak).
• If it breaks through with a good close, it may target 0.63 – 0.65.
Supports:
• 0.583
• then 0.56
• If 0.56 is broken, it may increase the likelihood of a decline أعم#USStocksFirstOutflowSinceMarch #USStocksFirstOutflowSinceMarch #AppleFalls6.1% #USEquityFundsSee$8.5BOutflow #KoreaActivatesSidecarAsKOSPI200FuturesFall5%
