Just sharing: $MAGMA hit a new 7-day high again, but couldn’t hold it. It’s now at 0.3734, back below the previous high of 0.3736.
I’ve seen plenty of these spikes followed by pullbacks. A genuine breakout usually reclaims the level quickly; if it can’t get back above it for a while, be cautious. I’ll keep watching for now.
What do you think? Let me know in the comments.
I’ve seen plenty of these spikes followed by pullbacks. A genuine breakout usually reclaims the level quickly; if it can’t get back above it for a while, be cautious. I’ll keep watching for now.
What do you think? Let me know in the comments.