Magma ($MAGMA ) is pumping hard, currently trading at $0.49538 with a massive +54.97% gain and a 24h high of $0.49755. However, with RSI(6) hitting an extreme 95.79, this sudden vertical spike looks like a classic bull trap! If a sharp correction hits, keep an eye on downside targets around $0.35 – $0.40, with deeper support near $0.25 – $0.30. Trade carefully and manage your risk! 👇
#MAGMA #EarningsSeason
#MAGMA #EarningsSeason