đ» Look at $MAGMA after that peak, guys, because it has gone quiet in a way I don't like if you're a buyer.
Price is just ranging now. After a push like that, you'd expect buyers to keep driving it higher if they had anything left, but this is where they've started running out of steam.
When buying momentum has nothing more to push with, the move doesn't just pause, it gets wiped out. That's why I'm leaning downside on this one âïž
The area I'm seeing price head toward is $0.420.
Are you still holding $MAGMA after that peak, or did you already get out? đđ»
Price is just ranging now. After a push like that, you'd expect buyers to keep driving it higher if they had anything left, but this is where they've started running out of steam.
When buying momentum has nothing more to push with, the move doesn't just pause, it gets wiped out. That's why I'm leaning downside on this one âïž
The area I'm seeing price head toward is $0.420.
Are you still holding $MAGMA after that peak, or did you already get out? đđ»
