$MAGMA SHORT SETUP | Momentum Fading
Entry: 0.4950 – 0.508
Targets:
TP1 0.462
TP2 0.43
Final 0.39
Stop Loss: 0.5715
MAGMA faced strong rejection and is now losing bullish momentum around 0.50. A clean break below 0.48 could open the door for a deeper correction toward 0.43 and 0.39. High volatility remains... manage risk and respect the stop...
Entry: 0.4950 – 0.508
Targets:
TP1 0.462
TP2 0.43
Final 0.39
Stop Loss: 0.5715
MAGMA faced strong rejection and is now losing bullish momentum around 0.50. A clean break below 0.48 could open the door for a deeper correction toward 0.43 and 0.39. High volatility remains... manage risk and respect the stop...