🐋 $MAGMA 1 plunged 5.82% in an hour, with 24h trading volume of $22.45 million.
Money is the most honest indicator. No matter how loudly people shout in the comments, it can’t compare to real trading activity.
After the drop, if the funding rate turns negative and becomes increasingly extreme, that means shorts are crowded in—so watch out for a short squeeze.
#MAGMA
Money is the most honest indicator. No matter how loudly people shout in the comments, it can’t compare to real trading activity.
After the drop, if the funding rate turns negative and becomes increasingly extreme, that means shorts are crowded in—so watch out for a short squeeze.
#MAGMA
