$MAGMA It may rebound for a moderate rise, with the first target at $0.34. If market sentiment improves, the second target could break through $0.5 👇
Note for anyone looking to trade it: enter a buy position near $0.26, as significant buying liquidity came in around $0.240, and its immediate support is $0.2 👇
Profit-taking levels depend on the strength of the upcoming momentum. If there is enough strength to test the $0.53 resistance, hold the position; if the upward rebound is somewhat weak, we may settle for a target of $0.340 to $0.380 👇