$MAGMA had a massive pump from around $0.22 to a high of $0.56898, but after hitting the top, the price started dumping hard. It dropped sharply to $0.21666 before making a recovery attempt, but sellers are still in control. The price is now trading at $0.27031, down 15.84% in the last 24 hours. MAGMA is showing strong bearish momentum, and I think it needs to reclaim key resistance levels before a real recovery can begin.
