$MAGMA SHORT SETUP ... Big Correction Ahead
Short Entry: 0.420 – 0.425
TP1: 0.400
TP2: 0.380
Final Target: 0.350
SL: 0.470
MAGMA has made a strong rally, but now facing resistance near 0.430.
If buyers lose momentum, a correction towards 0.38 – 0.35 could follow.
Still bullish on the 1H chart, so this is a counter-trend short setup. Watch for rejection before entry.
Use stop loss and manage risk.
Trade on $MAGMA
Short Entry: 0.420 – 0.425
TP1: 0.400
TP2: 0.380
Final Target: 0.350
SL: 0.470
MAGMA has made a strong rally, but now facing resistance near 0.430.
If buyers lose momentum, a correction towards 0.38 – 0.35 could follow.
Still bullish on the 1H chart, so this is a counter-trend short setup. Watch for rejection before entry.
Use stop loss and manage risk.
Trade on $MAGMA
