🚨 $MAGMA Scalp Long Setup — High-Timeframe Trend Hold & Resistance Retest
MAGMA is holding a strong multi-day uptrend on the 4-hour chart, currently trading at 0.53344 (+3.21%) after recovering from its 0.41137 24-hour low. Price has established solid support around the 0.50000 level and is breaking upward out of local consolidation, targeting a retest of its 0.56962 high.
📍 Long Entry: 0.51500 – 0.53500
🎯 TP1: 0.56500
🎯 TP2: 0.57500
🎯 TP3: 0.58000
🛑 Stop Loss: 0.48500
⚠️ Risk Notice: High-momentum setups near resistance zones require strict risk control. Avoid chasing upper wicks—wait for lower-timeframe consolidation within the entry range, use conservative leverage, and strictly limit total account risk to 1%.
Stick to structured execution — risk management first! 📈
👇 Click below to open the trade
$PROM
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