$MAGMA 4h — LONG Signal 🟢
Confluence: 13/14 indicators.
RSI 74.3 overbought — watch for a correction; MACD histogram positive, bullish (0.00207111); price above 4h EMA26 (0.253762); 1h trend aligned upward; MTF: 8 of 8 TFs aligned upward; Bollinger position: middle band; pressed against resistance at 0.285460.
Chart pattern: Ascending Triangle [neutral].
Support 0.245186 | Resistance 0.285460
Entry: 0.280230
SL: 0.263800
TP1: 0.291614
TP2: 0.302997
TP3: 0.337148
Risk:Reward TP2 = 1:1.4
Leverage (isolated): safe at 3x, maximum 6x.
$MAGMA #MAGMA #Crypto
Not financial advice. Always DYOR.
Confluence: 13/14 indicators.
RSI 74.3 overbought — watch for a correction; MACD histogram positive, bullish (0.00207111); price above 4h EMA26 (0.253762); 1h trend aligned upward; MTF: 8 of 8 TFs aligned upward; Bollinger position: middle band; pressed against resistance at 0.285460.
Chart pattern: Ascending Triangle [neutral].
Support 0.245186 | Resistance 0.285460
Entry: 0.280230
SL: 0.263800
TP1: 0.291614
TP2: 0.302997
TP3: 0.337148
Risk:Reward TP2 = 1:1.4
Leverage (isolated): safe at 3x, maximum 6x.
$MAGMA #MAGMA #Crypto
Not financial advice. Always DYOR.