$MAGMA is getting interesting after that liquidity sweep.
The 1h/4h context still supports buyers, and open interest is coming out of the move.
For me, the cleaner trade is a hold or retest around $0.23782–$0.23951, not a late entry above it. The setup is invalid if price cleanly crosses $0.23332.
Would you trade this long setup now, or wait for a cleaner reaction?
#MAGMA #Trading
Trade plan: LONG
Entry: $0.23782 - $0.23951
SL: $0.23332
TP1: $0.24526
TP2: $0.24686
TP3: $0.24941
The 1h/4h context still supports buyers, and open interest is coming out of the move.
For me, the cleaner trade is a hold or retest around $0.23782–$0.23951, not a late entry above it. The setup is invalid if price cleanly crosses $0.23332.
Would you trade this long setup now, or wait for a cleaner reaction?
#MAGMA #Trading
Trade plan: LONG
Entry: $0.23782 - $0.23951
SL: $0.23332
TP1: $0.24526
TP2: $0.24686
TP3: $0.24941
