📉
$MAGMA 📉 Strong pullback – ongoing short sell trade ⚡
📍 Entry zone: $0.2540 – $0.2600
🎯 Targets: $0.2450 / $0.2350 / $0.2200
🛑 **Stop loss:** $0.2700
Intense selling pressure pushed the price to break key support levels, especially below $0.26. The 4-hour timeframe shows rising trading volume and bearish momentum that perfectly matches the technical pattern. Price is currently at the lower edge of the entry zone, with no reversal signals.
$MAGMA If this level breaks, we expect new liquidity to gather below $0.24.
Will you join the bearish trend, or did you enter the short earlier?
⚠️ Disclaimer: This is not investment advice. Always manage your capital risk.
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