⚠️ $MAGMA SHORT Setup
MAGMA is showing weakness after its sharp rally, with price trading below the MA(7) and MA(25) on the 4H chart. 👀
📉 Direction: SHORT
📍 Entry: 0.34000–0.35500
🎯 TP1: 0.31500
🎯 TP2: 0.29000
🎯 TP3: 0.26500
🛑 SL: 0.37500
I’m watching whether resistance rejects the next recovery attempt. A strong move back above resistance could invalidate this bearish idea.
$T
$BMT
MAGMA is showing weakness after its sharp rally, with price trading below the MA(7) and MA(25) on the 4H chart. 👀
📉 Direction: SHORT
📍 Entry: 0.34000–0.35500
🎯 TP1: 0.31500
🎯 TP2: 0.29000
🎯 TP3: 0.26500
🛑 SL: 0.37500
I’m watching whether resistance rejects the next recovery attempt. A strong move back above resistance could invalidate this bearish idea.
$T
$BMT