$MAGMA is testing an important area after a strong move.
Trade idea (not financial advice)
📍 Entry: 0.3130–0.3140
🛑 Stop: 0.3050
🎯 Potential targets:
‱ TP1: 0.3180
‱ TP2: 0.3220
‱ TP3: 0.3260
Why I'm watching this setup:
‱ Price is attempting to hold above a recent breakout area.
‱ Buying volume has increased compared with earlier sessions.
‱ If buyers keep control, momentum could continue.
‱ If the breakout fails, I'll respect my stop and reassess.
What's your view on $MAGMA ?
Are you seeing a confirmed breakout, or do you expect a pullback first?