🔴 Short Sell Deal for Futures Contracts $MAGMA (SHORT)
Currency: $MAGMA /USDT
Entry:
• 0.23620
• 0.23970
Targets:
• 0.23270
• 0.22800
• 0.22200
Stop Loss:
• 0.24400
Currency $MAGMA is showing a sharp corrective downtrend after the recent increase, as the price is currently trading at 0.23543 below the MA60 moving average of 0.23768. Selling pressure is evident, with lower highs than the previous ones, providing an opportunity to enter a SHORT (sell) trade on any minor bounce toward nearby resistance points.
Currency: $MAGMA /USDT
Entry:
• 0.23620
• 0.23970
Targets:
• 0.23270
• 0.22800
• 0.22200
Stop Loss:
• 0.24400
Currency $MAGMA is showing a sharp corrective downtrend after the recent increase, as the price is currently trading at 0.23543 below the MA60 moving average of 0.23768. Selling pressure is evident, with lower highs than the previous ones, providing an opportunity to enter a SHORT (sell) trade on any minor bounce toward nearby resistance points.