$MAGMA USDT - Pullback Long Idea
MAGMA is up 50% today, pumped from 0.185 base to 0.374 high on huge volume.
Price is far above all MAs. MA(7) is at 0.297. Move is too extended now, so chasing here is risky.
Better to wait for pullback:
Entry: 0.2950 - 0.3385
TP1: 0.36
TP2: 0.385
TP3: 0.42
SL: 0.27
0.30-0.32 zone offers cleaner long. Below 0.27 setup will be invalid.
NFA DYOR
#MAGMAUSDT #MAGMA
$MAGMA
MAGMA is up 50% today, pumped from 0.185 base to 0.374 high on huge volume.
Price is far above all MAs. MA(7) is at 0.297. Move is too extended now, so chasing here is risky.
Better to wait for pullback:
Entry: 0.2950 - 0.3385
TP1: 0.36
TP2: 0.385
TP3: 0.42
SL: 0.27
0.30-0.32 zone offers cleaner long. Below 0.27 setup will be invalid.
NFA DYOR
#MAGMAUSDT #MAGMA
$MAGMA