$MAGMA /USDT SHORT TRADE SETUP
Entry: 0.3765 – 0.3780
TP1: 0.3700
TP2: 0.3620
TP3: 0.3540
Stop Loss: 0.3850
Reason:
• Price action shows strong rejection following a sharp impulsive dump from the 0.4892 swing high, signaling heavy downward momentum.
• A clear lower-high structure has formed on the 4-hour and 15-minute timeframes, indicating sustained bearish control.
• Minor consolidation near current levels acts as a bear flag before the next leg down toward recent support.
This post is for educational purposes only and is not financial advice.
Entry: 0.3765 – 0.3780
TP1: 0.3700
TP2: 0.3620
TP3: 0.3540
Stop Loss: 0.3850
Reason:
• Price action shows strong rejection following a sharp impulsive dump from the 0.4892 swing high, signaling heavy downward momentum.
• A clear lower-high structure has formed on the 4-hour and 15-minute timeframes, indicating sustained bearish control.
• Minor consolidation near current levels acts as a bear flag before the next leg down toward recent support.
This post is for educational purposes only and is not financial advice.