Hello Token Talk Family, MAGMA has made a very strong move from the 0.28 area, but the rally is now showing signs of slowing after reaching 0.5795. Price has been unable to push back above the 0.53–0.55 zone and is forming several small candles around 0.51, suggesting buyers are losing some momentum after the sharp run-up. A rejection from this resistance could send MAGMA toward the 0.48 area first, while a deeper correction could bring 0.44 into focus. However, because the overall trend is still strongly bullish, the short setup needs strict risk management. If MAGMA breaks and holds above 0.58, the bearish idea becomes invalid and another leg higher could follow.

Short MAGMA
Entry Zone: 0.525 – 0.550
Stop Loss: 0.580
Or Stoploss To Entry
TP1: 0.480
TP2: 0.440

Do your own research.
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Short $MAGMA Here 👇👇👇