SHORT $MAGMA with a 60% Confidence Setup! 📉
MAGMA is showing strong bearish signals with RSI at 71.21 and MACD line crossing below the signal. The 1-hour and 4-hour trends are both in downtrends. Entry Zone: 0.2092 – 0.2115, TP1: 0.1958, TP2: 0.1871, SL: 0.2203. Risk/Reward: 1.47. Confidence: 60%. Risk Rating: MEDIUM. Watch for a breakdown below 0.204 to validate this short. 🛑
Follow for more setups like this.
#DeGenYuv #MAGMA
MAGMA is showing strong bearish signals with RSI at 71.21 and MACD line crossing below the signal. The 1-hour and 4-hour trends are both in downtrends. Entry Zone: 0.2092 – 0.2115, TP1: 0.1958, TP2: 0.1871, SL: 0.2203. Risk/Reward: 1.47. Confidence: 60%. Risk Rating: MEDIUM. Watch for a breakdown below 0.204 to validate this short. 🛑
Follow for more setups like this.
#DeGenYuv #MAGMA