$MAGMA has exploded nearly 40%, but after the sharp pump, price is now struggling around the key $0.23-0.25 resistance.
This is the level that could decide the next expansion.
š¹ $0.25 ā immediate resistance
A clean breakout and hold above this zone could open the door for another leg higher.
Upside Targets šÆ
1ļøā£ $0.25 ā breakout level
2ļøā£ $0.28 ā first expansion
3ļøā£ $0.32 ā next major resistance
4ļøā£ $0.40 ā bigger upside target if momentum continues š„
Strongest nearby support sits around $0.207 ā $0.204
If price pulls back into this zone and holds, buyers could attempt another push toward the resistance.
š Invalidation / SL: $0.20
#CryptoSatRed
This is the level that could decide the next expansion.
š¹ $0.25 ā immediate resistance
A clean breakout and hold above this zone could open the door for another leg higher.
Upside Targets šÆ
1ļøā£ $0.25 ā breakout level
2ļøā£ $0.28 ā first expansion
3ļøā£ $0.32 ā next major resistance
4ļøā£ $0.40 ā bigger upside target if momentum continues š„
Strongest nearby support sits around $0.207 ā $0.204
If price pulls back into this zone and holds, buyers could attempt another push toward the resistance.
š Invalidation / SL: $0.20
#CryptoSatRed