$MAGMA — I’m watching for a breakdown 👀
A clear peak has formed on the 4H chart, and liquidity doesn’t seem to be increasing anymore. That could be a sign that the current move is starting to lose steam.
If the bearish structure holds, I’m watching 0.35 as a potential downside target.
For now, the plan is simple: follow the trend, stay patient, and look for short opportunities if the selling pressure continues.
Let’s see how this one plays out. 📉
$MAGMA
#MAGMAUSDT
A clear peak has formed on the 4H chart, and liquidity doesn’t seem to be increasing anymore. That could be a sign that the current move is starting to lose steam.
If the bearish structure holds, I’m watching 0.35 as a potential downside target.
For now, the plan is simple: follow the trend, stay patient, and look for short opportunities if the selling pressure continues.
Let’s see how this one plays out. 📉
$MAGMA
#MAGMAUSDT
