Magma Finance ($MAGMA ) has staged a sharp recovery, pumping +31.27% to trade at $0.25805 after bottoming out near $0.18624. The massive single-day green candle has pushed the price back above both the MA(7) and MA(25) indicators, backed by a volume surge to 3.13M and a market cap of $77.04M.
Is $MAGMA ready to break above its recent high of $0.279 and challenge the MA(99) resistance around $0.299, or is a brief cool-off coming? What's your prediction? 👇
Is $MAGMA ready to break above its recent high of $0.279 and challenge the MA(99) resistance around $0.299, or is a brief cool-off coming? What's your prediction? 👇
