$MAGMA is currently defending a crucial support level near *$0.4060*. As long as buyers keep this zone intact, the setup remains tilted to the upside and momentum can start building again.

The trade plan is straightforward: *Long $MAGMA at $0.4060*, with a stop loss placed at *$0.3790* to invalidate the idea if support breaks.

If pressure picks up, the path of least resistance points to *TP1 $0.4140, TP2 $0.4310, and TP3 $0.4550*.

Bullish bias stays active while $0.4060 holds. Manage risk and wait for confirmation before scaling in.

#markit

Tap Here To Trade

MAGMASui
MAGMAUSDT
0.41756
-21.52%