MAGMA is hammering higher after a clean break of the recent swing low, eyeing the 0.0455 resistance zone.
🟢 $MAGMA LONG 📈 — Trade Plan
• Entry: $0.347242 – $0.347938
• Stop: $0.337162 (-3.0%)
• Target 1: $0.352804 (+1.5%)
• Target 2: $0.364970 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The CHoCH on the 1‑hour 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 5x‑10x leverage keeps risk in check.
Take partial profit around the first target near 0.0450 to lock in gains.
Not financial advice — always manage your own risk 🙏
$MAGMA #MAGMAUSDT #SMC #TradingSignals #Write2Earn
🟢 $MAGMA LONG 📈 — Trade Plan
• Entry: $0.347242 – $0.347938
• Stop: $0.337162 (-3.0%)
• Target 1: $0.352804 (+1.5%)
• Target 2: $0.364970 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The CHoCH on the 1‑hour 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 5x‑10x leverage keeps risk in check.
Take partial profit around the first target near 0.0450 to lock in gains.
Not financial advice — always manage your own risk 🙏
$MAGMA #MAGMAUSDT #SMC #TradingSignals #Write2Earn