$MAGMA hit 0.154 and now it's stuck.
Look at the chart — price at 0.14404. That high? Probably the top for now.
Why short?
· MACD at 0.00001 — basically zero. DIF and DEA almost touching. That's
{future}(MAGMAUSDT)
momentum dying right in front of us.
· Volume is low: 15M MAGMA, while MA(5) is 21M and MA(10) is 17.9M. Sellers are taking over.
· EMA(100) at 0.11527, EMA(200) at 0.11372 — price is still above both, but that gap is closing soon.
The play:
Short around 0.145 - 0.148.
Target: 0.115 (EMA(100) zone).
Stop loss: above 0.156.
No bounce strength left. Let it cool down.
$SIREN $BULLA #CZReleasedMemeoir #freedomofmoney $