$MAGMA LIQUIDATION MAP: SHORTS ARE NOW IN FOCUS
The drop to $0.37 wiped out most of the long liquidation clusters. Now the bigger liquidity zones sit above price.
$MAGMA ’s nearest short liquidation zone is around $0.48–$0.50, with the largest cluster near $0.55–$0.58.
On the downside, the main long liquidation cluster left is around $0.36.
If price moves, these levels could become important but liquidation zones aren’t price targets, and they don’t guarantee a squeeze.
Not a trade call. Just watching the map.
#MAGMAUSDT
The drop to $0.37 wiped out most of the long liquidation clusters. Now the bigger liquidity zones sit above price.
$MAGMA ’s nearest short liquidation zone is around $0.48–$0.50, with the largest cluster near $0.55–$0.58.
On the downside, the main long liquidation cluster left is around $0.36.
If price moves, these levels could become important but liquidation zones aren’t price targets, and they don’t guarantee a squeeze.
Not a trade call. Just watching the map.
#MAGMAUSDT