๐ฅ $MAGMA /USDT โ My Point of View
Looking at this chart, Iโm watching MAGMA for a breakout + retest setup, not chasing the candle blindly. ๐
The key area for me is around $0.231โ$0.25. If MAGMA holds this zone and breaks the $0.35โ$0.40 resistance area with strong volume, I think the chart could start getting interesting.
๐ Long idea:
Entry: $0.231โ$0.25 after confirmation/retest.
๐ฏ TP1: $0.35
๐ฏ TP2: $0.45
๐ฏ TP3: $0.60
My bigger target is $0.60, which would put MAGMA well above the current range if momentum continues. The chart structure suggests that once resistance flips into support, the move could accelerate quickly. ๐
โ ๏ธ SL: $0.19
If price loses the entry zone and breaks down instead of reclaiming resistance, Iโd invalidate the long setup.
๐ Short idea: If MAGMA gets rejected hard around $0.35โ$0.40 and loses the key support zone, a short setup could make more sense than forcing a long.
For me, the cleanest trade is wait for confirmation โ retest โ continuation. No need to fight the chart.
Let MAGMA prove the move first. ๐ฅ
$ASTER
$TURTLE
Looking at this chart, Iโm watching MAGMA for a breakout + retest setup, not chasing the candle blindly. ๐
The key area for me is around $0.231โ$0.25. If MAGMA holds this zone and breaks the $0.35โ$0.40 resistance area with strong volume, I think the chart could start getting interesting.
๐ Long idea:
Entry: $0.231โ$0.25 after confirmation/retest.
๐ฏ TP1: $0.35
๐ฏ TP2: $0.45
๐ฏ TP3: $0.60
My bigger target is $0.60, which would put MAGMA well above the current range if momentum continues. The chart structure suggests that once resistance flips into support, the move could accelerate quickly. ๐
โ ๏ธ SL: $0.19
If price loses the entry zone and breaks down instead of reclaiming resistance, Iโd invalidate the long setup.
๐ Short idea: If MAGMA gets rejected hard around $0.35โ$0.40 and loses the key support zone, a short setup could make more sense than forcing a long.
For me, the cleanest trade is wait for confirmation โ retest โ continuation. No need to fight the chart.
Let MAGMA prove the move first. ๐ฅ
$ASTER
$TURTLE
