Technical analysis | $MAGMA
· 15-minute decline: 5.83%; 1h: -7.12%; 4h: -3.78%
· Current price: 0.3132; 24h range: 0.2434 ~ 0.3608
The decline isn’t particularly sharp, suggesting a short-term correction. Let’s wait for a candlestick showing signs of a bottom before drawing conclusions.
· 15-minute decline: 5.83%; 1h: -7.12%; 4h: -3.78%
· Current price: 0.3132; 24h range: 0.2434 ~ 0.3608
The decline isn’t particularly sharp, suggesting a short-term correction. Let’s wait for a candlestick showing signs of a bottom before drawing conclusions.