🚨 $MAGMA EXPLODES (+19%): WHALES BLAST THROUGH 0.30 RESISTANCE AND LEAVE SHORT SELLERS BEHIND! 🌋🚀
The pullback-from-0.30 scenario is off the table — buyers of Magma Finance ($MAGMA) showed strength, broke through the red sell zone, and confirmed a clear upward Change of Character (CHoCH) on the 4H chart! While skeptics pointed to weak activity on the Sui network, big money bought up the entire volume and pushed the price to 0.3248.
There’s open space ahead all the way to the main Equilibrium zone (0.3480 – 0.3600). Here’s the plan to capture the continuation of this momentum 👇
⚡ TRADE: $MAGMA / USDT (LONG 📈)
(We’re trading the new upward momentum — entering on a retest of the breakout zone, with a strict stop!)
• 🎯 Entry point: 0.3020 – 0.3150 (building a position on a local pullback to the broken CHoCH level at 0.3000)
• ✅ Target 1 (TP1): 0.3480 (lower boundary of the key Equilibrium zone)
• ✅ Target 2 (TP2): 0.3600 (full coverage of the balance zone and taking profit on the bulk of the position)
• ✅ Target 3 (TP3): 0.4000 (psychological level if buyers’ aggressive pressure continues)
• 🛑 Stop-loss (SL): 0.2840 (the 4H candle returns below the breakout zone and closes there)
💬 Who managed to flip long after the breakout above 0.30, and who’s still waiting for $MAGMA to crash? Can it push to 0.36? Share your thoughts!
👇
#MAGMA #MagmaFinance #Sui #BinanceSquare #CryptoSignals #Futures
The pullback-from-0.30 scenario is off the table — buyers of Magma Finance ($MAGMA) showed strength, broke through the red sell zone, and confirmed a clear upward Change of Character (CHoCH) on the 4H chart! While skeptics pointed to weak activity on the Sui network, big money bought up the entire volume and pushed the price to 0.3248.
There’s open space ahead all the way to the main Equilibrium zone (0.3480 – 0.3600). Here’s the plan to capture the continuation of this momentum 👇
⚡ TRADE: $MAGMA / USDT (LONG 📈)
(We’re trading the new upward momentum — entering on a retest of the breakout zone, with a strict stop!)
• 🎯 Entry point: 0.3020 – 0.3150 (building a position on a local pullback to the broken CHoCH level at 0.3000)
• ✅ Target 1 (TP1): 0.3480 (lower boundary of the key Equilibrium zone)
• ✅ Target 2 (TP2): 0.3600 (full coverage of the balance zone and taking profit on the bulk of the position)
• ✅ Target 3 (TP3): 0.4000 (psychological level if buyers’ aggressive pressure continues)
• 🛑 Stop-loss (SL): 0.2840 (the 4H candle returns below the breakout zone and closes there)
💬 Who managed to flip long after the breakout above 0.30, and who’s still waiting for $MAGMA to crash? Can it push to 0.36? Share your thoughts!
👇
#MAGMA #MagmaFinance #Sui #BinanceSquare #CryptoSignals #Futures
