$MAGMA LONG | Relief Bounce Setup

MAGMA is showing signs of a potential recovery from deeply oversold levels near macro support. Looking for a bullish bounce toward the next resistance zones.

Entry: 0.35422 – 0.35937

TP1: 0.37229
TP2: 0.38469

Stop Loss: 0.34359

Be careful: This is a counter-trend setup. If bearish momentum returns and support fails, the rebound idea could quickly become invalid.

$MAGMA
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