đ„ $MAGMA Exploding +33%! Is a Massive Short Squeeze Imminent? đš
$MAGMA is printing a textbook bullish setup right now. After a massive +33% rally, the price is compressing right below a major resistance level.
If you look at the 4H chart, short sellers are getting trapped. If $MAGMA breaks and holds above **$0.50**, it will trigger a cascade of liquidations, sending the price parabolic.
Here is my exact Long Trade Setup:
đŻ Entry Zone: $0.47 - $0.49 (Current consolidation) OR a confirmed breakout above $0.50.
đ **Stop Loss (SL):** $0.45 (Strictly. If it loses this, the setup is invalid).
đ° Take Profit (TP):
âą TP1: $0.52
âą TP2: $0.55
âą TP3: $0.60+ đ
Don't miss this breakout. Click the Magma cashtag below to open a long position before the next leg up! đ
Are you longing this pump or waiting for a pullback? Let me know in the comments! đŹ
Disclaimer: Not financial advice. Crypto is highly volatile. Always manage your risk and use a stop loss.
#MAGMAsignal #writetoearn #BinanceSquareTalks #CryptoTrading. #Altcoins #Breakout
$MAGMA is printing a textbook bullish setup right now. After a massive +33% rally, the price is compressing right below a major resistance level.
If you look at the 4H chart, short sellers are getting trapped. If $MAGMA breaks and holds above **$0.50**, it will trigger a cascade of liquidations, sending the price parabolic.
Here is my exact Long Trade Setup:
đŻ Entry Zone: $0.47 - $0.49 (Current consolidation) OR a confirmed breakout above $0.50.
đ **Stop Loss (SL):** $0.45 (Strictly. If it loses this, the setup is invalid).
đ° Take Profit (TP):
âą TP1: $0.52
âą TP2: $0.55
âą TP3: $0.60+ đ
Don't miss this breakout. Click the Magma cashtag below to open a long position before the next leg up! đ
Are you longing this pump or waiting for a pullback? Let me know in the comments! đŹ
Disclaimer: Not financial advice. Crypto is highly volatile. Always manage your risk and use a stop loss.
#MAGMAsignal #writetoearn #BinanceSquareTalks #CryptoTrading. #Altcoins #Breakout