MAGMA is hammering higher after a clean break of the recent swing low, eyeing the 0.0455 resistance zone.
đą $MAGMA LONG đ â Trade Plan
âą Entry: $0.347242 â $0.347938
âą Stop: $0.337162 (-3.0%)
âą Target 1: $0.352804 (+1.5%)
âą Target 2: $0.364970 (+5.0%)
âą R/R 1:1.7 | Confidence 64%
The CHoCH on the 1âhour chart snapped the prior downtrend, while CVD surged confirming buying pressure. A fresh FVG aligns with the OB around 0.0448, creating a POI where order block and fair value gap overlap, setting up a strong bullish thrust.
A 3.0% stop is fairly tight on this move, so a modest 5xâ10x leverage keeps risk in check.
Take partial profit around the first target near 0.0450 to lock in gains.
Not financial advice â always manage your own risk đ
$MAGMA #MAGMAUSDT #SMC #TradingSignals #Write2Earn
đą $MAGMA LONG đ â Trade Plan
âą Entry: $0.347242 â $0.347938
âą Stop: $0.337162 (-3.0%)
âą Target 1: $0.352804 (+1.5%)
âą Target 2: $0.364970 (+5.0%)
âą R/R 1:1.7 | Confidence 64%
The CHoCH on the 1âhour chart snapped the prior downtrend, while CVD surged confirming buying pressure. A fresh FVG aligns with the OB around 0.0448, creating a POI where order block and fair value gap overlap, setting up a strong bullish thrust.
A 3.0% stop is fairly tight on this move, so a modest 5xâ10x leverage keeps risk in check.
Take partial profit around the first target near 0.0450 to lock in gains.
Not financial advice â always manage your own risk đ
$MAGMA #MAGMAUSDT #SMC #TradingSignals #Write2Earn