Looking for a long on $MAGMA after the heavy selloff.
Entry: 0.26136 - 0.26724
Take Profit 1: 0.3100
Take Profit 2: 0.3500
Stop Loss: 0.24568
$MAGMA has been absolutely crushed at these lows, and a relief rally could be brewing if the 0.260 support zone holds.
The main risk is a rejection on the retest. Lose 0.260 and the macro downtrend could quickly resume.
Stay disciplined and Trade with a size your account can handle here👇
Entry: 0.26136 - 0.26724
Take Profit 1: 0.3100
Take Profit 2: 0.3500
Stop Loss: 0.24568
$MAGMA has been absolutely crushed at these lows, and a relief rally could be brewing if the 0.260 support zone holds.
The main risk is a rejection on the retest. Lose 0.260 and the macro downtrend could quickly resume.
Stay disciplined and Trade with a size your account can handle here👇