📉 $MAGMA — Bearish Short Setup
SHORT $MAGMA
Entry: $0.234 – $0.238
SL: $0.253
🎯 Take Profit:
TP1: $0.220
TP2: $0.200
TP3: $0.180
$MAGMA is seeing resistance during its recent rebound, with sellers potentially stepping in around the current zone. If the recovery fails to push higher and rejection follows, price could rotate lower toward the listed targets.
🔑 Key Level: Rejection from the $0.234–$0.238 resistance zone supports the bearish setup.
⚠️ Risk Note: A move above $0.253 invalidates the setup. Wait for confirmation and keep position sizing controlled.
Bearish bias while resistance holds. 📉
Sell and Trade $MAGMA here 👇
DYOR
SHORT $MAGMA
Entry: $0.234 – $0.238
SL: $0.253
🎯 Take Profit:
TP1: $0.220
TP2: $0.200
TP3: $0.180
$MAGMA is seeing resistance during its recent rebound, with sellers potentially stepping in around the current zone. If the recovery fails to push higher and rejection follows, price could rotate lower toward the listed targets.
🔑 Key Level: Rejection from the $0.234–$0.238 resistance zone supports the bearish setup.
⚠️ Risk Note: A move above $0.253 invalidates the setup. Wait for confirmation and keep position sizing controlled.
Bearish bias while resistance holds. 📉
Sell and Trade $MAGMA here 👇
DYOR
