$MAGMA – Strong rejection after the spike, short setup is looking attractive 👀
Trade plan vs Entry
📍 Long: 0.215 – 0.220
TP: 0.235 – 0.245
SL: 0.205
📍 Short: 0.220 – 0.235
TP: 0.195 – 0.180
SL: 0.250
Price spiked toward 0.25 then faced a sharp rejection. If 0.22 fails to hold, downside toward 0.195–0.18 looks favorable. 👀
Trade plan vs Entry
📍 Long: 0.215 – 0.220
TP: 0.235 – 0.245
SL: 0.205
📍 Short: 0.220 – 0.235
TP: 0.195 – 0.180
SL: 0.250
Price spiked toward 0.25 then faced a sharp rejection. If 0.22 fails to hold, downside toward 0.195–0.18 looks favorable. 👀